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XRP could hit $7–$9 as analyst tracks 77-day fractal pattern

XRP could hit $7–$9 as analyst tracks 77-day fractal pattern

Photo: CoinTurk News

Crypto analyst EGRAG CRYPTO has highlighted a weekly XRP chart that suggests the digital asset may target a price between $7 and $9 in the current cycle. EGRAG CRYPTO, known for his technical breakdowns of major cryptocurrencies, based his forecast on a fractal pattern inspired by the historical price moves of Bitcoin . According to the analysis, XRP traded within a falling wedge for over a year before breaking above the upper trendline in late August. This breakout triggered an 11-bar, 77-day period of price consolidation, which the analyst continues to monitor.

Source: CoinTurk News

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