Egrag Crypto predicts XRP could hit $60 if triangle breakout occurs

Technical analyst Egrag Crypto stated that XRP may reach $60 if the cryptocurrency successfully breaks out of a long-standing symmetrical triangle pattern. He shared this analysis on X, highlighting several notable price zones if a breakout is confirmed. Egrag Crypto’s charting points to XRP trading within a large symmetrical triangle, a technical formation that has developed over multiple years. He uses a measured-move approach to estimate future price objectives, relying on the height of the triangle to calculate the targets if XRP moves decisively through resistance.

Source: CoinTurk News