Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Egrag Crypto has singled out VeChain (VET) and XRP as two crypto tokens that could soon witness significant price surges. The analyst also outlined price targets crypto investors can expect these tokens to attain. VeChain Could Rise To As High As $2.5 From the chart Egrag shared in his X (formerly Twitter) post, one could see that he was hinting that VeChain hit $2.5 at its market peak. He also elaborated on how the crypto token will rise to that level by breaking its price action into three targets. The first target was the yellow channel, which he highlighted on the chart.\u00a0 Related Reading: Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement? Source: X VeChain is expected to rise to as high as $0.18 when this target is fully achieved. Egrag noted that this will mark the \u201cforging of the MACRO-Bottom.\u201d The second target will see the crypto token rise to almost $0.9. The analyst pointed out that this channel \u201caligns with the Fib 0.702 & 0.786 levels,\u201d forming what he referred to as the \u201cMid-Bull-Cycle.\u201d VeChain is expected to rise to as high as $2.5 when the last target is achieved. Egrag remarked that this target aligns with \u201ckey Fib levels 1.236, 1.414, & 1.618, suggesting the potential cycle top for #VET.\u201d This isn\u2019t the first time the crypto analyst has laid a bullish narrative for the VeChain token.\u00a0 In February, he predicted that the crypto token could witness a 140x price increase if it repeats its price action from around 2021 when it rose by 14.638%.\u00a0 XRP Run To $1.4 Still In Play Egrag provided his bullish analysis of XRP in a separate X post. He stated that the crypto token\u2019s double formation was giving a \u201cstrong bullish signal.\u201d He added that he is confident that the \u201cthrust will soon.\u201d This recent analysis was an update to a previous one where he predicted that XRP would rise to $1.4 soon enough.\u00a0 Source: X \u00a0Back then, he was also confident that this move to the upside was imminent, noting that the bulls had accumulated all the XRP tokens that the bears had dumped. He urged XRP holders to \u201cstay steady\u201d in anticipation of the life-changing opportunities that may arise due to the crypto token\u2019s parabolic surge.\u00a0 Related Reading: Ethereum Resurgence: TRON Founder Justin Sun Goes On 127,388 ETH Buying Spree Egrag has remained bullish on the XRP token despite its unimpressive price action. He has predicted at different times that the crypto token could rise to as high as $27 at its market top.\u00a0 At the time of writing, XRP is trading at around $0.54, up in the last 24 hours, according to data from CoinMarketCap. VET price at $0.04 | Source: VETUSDT on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":604942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,83363],"tags":[3680,17209,12882,91588,87727,12884,91589,86723,79504,79505,4531,83637,13172,10972,78763],"class_list":["post-604929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-xrp","tag-ripple","tag-ripple-news","tag-vechain","tag-vechain-news","tag-vechain-price","tag-vet","tag-vet-news","tag-vet-price","tag-vetusd","tag-vetusdt","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
Analyst Singles Out VeChain And XRP For Parabolic Surge, Here Are The Targets<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n