{"id":646888,"date":"2024-10-09T06:30:21","date_gmt":"2024-10-09T06:30:21","guid":{"rendered":"https:\/\/www.uniquehot.com\/?p=646888"},"modified":"2024-10-08T11:18:23","modified_gmt":"2024-10-08T11:18:23","slug":"massive-8400-xrp-price-44","status":"publish","type":"post","link":"https:\/\/www.uniquehot.com\/analysis\/xrp\/massive-8400-xrp-price-44\/","title":{"rendered":"Crypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It \u2018Conservative\u2019"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/span><\/a> has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a <\/span>higher price target,<\/span><\/a> calling the $44 price level \u201cconservative.\u201d<\/span><\/p>\n

XRP Price To Reach $44<\/h2>\n

Egrag Crypto predicted in an X post that the <\/span>XRP price<\/span><\/a> would reach $44. He highlighted this price level as one of the conservative targets based on the current cycle and the Fib Channel. The $44 price level is the target based on the Fib 0.702 channel. The other price targets he mentioned were $13 and $27, based on the Fib 0.5 and 0.618 channels, respectively.\u00a0<\/span><\/p>\n

Related Reading: Here\u2019s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

The analyst is confident that the XRP price will hit these price targets. He claimed that since the crypto’s inception, the chart has indicated that the market can expect pumps to these Fibonacci Channel levels. Egrag Crypto also suggested that XRP will reach these price targets in <\/span>this bull run<\/span><\/a>, claiming that this is what the chart states.\u00a0<\/span><\/p>\n

Egrag\u2019s label of these price targets as conservative also means that the XRP price could still rise higher in this bull run. The analyst didn\u2019t provide any other price target, but other analysts like <\/span>Javon Marks have predicted<\/span><\/a> that the crypto could reach three digits. Marks recently <\/span>predicted<\/span><\/a> that XRP could rise to as high as $200.\u00a0<\/span><\/p>\n

The analyst stated that the crypto has broken out of a <\/span>Pennant pattern<\/span><\/a> of over six years. He claimed that hold of this break plus a Logarithmic Follow-Through after can send <\/span>XRP to $200<\/span><\/a>, representing a price gain of over 30,000%.\u00a0<\/span><\/p>\n

\"Price
Source: X<\/figcaption><\/figure>\n

Marks <\/span>expects<\/span><\/a> the XRP price to reach $3.3 in the short term, close to its current all-time high (ATH) of $3.8. The analyst explained that since 2022, the crypto has confirmed multiple <\/span>hidden bull divergences<\/span><\/a> and is on course to achieve a bull breakout.\u00a0<\/span><\/p>\n

According to him, this bull breakout will lead to a price gain of over 450% as XRP reaches the $3.3 range. He added that this price breakout may only be a start, especially since he believes the crypto will still reach $200.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

The Worst Case Scenario<\/h2>\n

Amid these bullish predictions for the <\/span>XRP price<\/span><\/a>, Egrag Crypto has also revealed the worst scenario for the crypto in this market cycle. He <\/span>claimed<\/span><\/a> that XRP would at least reach between $2.3 and $5.89 in this bull run and outlined two reasons why he believes the crypto can at least reach these price targets no matter what.\u00a0<\/span><\/p>\n

Related Reading: Here\u2019s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year<\/a><\/div>\n
\"Price
Source: X<\/figcaption><\/figure>\n

First, he noted that XRP managed to do a 10x from the bottom after the <\/span>US Securities and Exchange Commission (SEC)<\/span><\/a> dropped the lawsuit in December 2020. He stated that XRP could easily hit the $5 to $ range if there is a similar situation after <\/span>the SEC appeal<\/span><\/a>. He added that the crypto might reach the Fib 1.618 level at around $6.5.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

Secondly, he mentioned that the XRP price could hit $2.31 and $2,88 if the <\/span>Bitcoin price reaches<\/span><\/a> $80,000 and $100,000, respectively. He expects XRP to mirror BTC\u2019s move, just like it did in the 2021 bull run.\u00a0<\/span><\/p>\n

\"XRP
XRPXRP price recovers quickly | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Egrag Crypto has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a higher price target, calling the $44 price level \u201cconservative.\u201d XRP Price To Reach $44 Egrag Crypto predicted in an X post that the XRP price would reach $44. He highlighted this price level as one of the conservative targets based on the current cycle and the Fib Channel. The $44 price level is the target based on the Fib 0.702 channel. The other price targets he mentioned were $13 and $27, based on the Fib 0.5 and 0.618 channels, respectively.\u00a0 Related Reading: Here\u2019s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet The analyst is confident that the XRP price will hit these price targets. He claimed that since the crypto’s inception, the chart has indicated that the market can expect pumps to these Fibonacci Channel levels. Egrag Crypto also suggested that XRP will reach these price targets in this bull run, claiming that this is what the chart states.\u00a0 Egrag\u2019s label of these price targets as conservative also means that the XRP price could still rise higher in this bull run. The analyst didn\u2019t provide any other price target, but other analysts like Javon Marks have predicted that the crypto could reach three digits. Marks recently predicted that XRP could rise to as high as $200.\u00a0 The analyst stated that the crypto has broken out of a Pennant pattern of over six years. He claimed that hold of this break plus a Logarithmic Follow-Through after can send XRP to $200, representing a price gain of over 30,000%.\u00a0 Marks expects the XRP price to reach $3.3 in the short term, close to its current all-time high (ATH) of $3.8. The analyst explained that since 2022, the crypto has confirmed multiple hidden bull divergences and is on course to achieve a bull breakout.\u00a0 According to him, this bull breakout will lead to a price gain of over 450% as XRP reaches the $3.3 range. He added that this price breakout may only be a start, especially since he believes the crypto will still reach $200.\u00a0 The Worst Case Scenario Amid these bullish predictions for the XRP price, Egrag Crypto has also revealed the worst scenario for the crypto in this market cycle. He claimed that XRP would at least reach between $2.3 and $5.89 in this bull run and outlined two reasons why he believes the crypto can at least reach these price targets no matter what.\u00a0 Related Reading: Here\u2019s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year First, he noted that XRP managed to do a 10x from the bottom after the US Securities and Exchange Commission (SEC) dropped the lawsuit in December 2020. He stated that XRP could easily hit the $5 to $ range if there is a similar situation after the SEC appeal. He added that the crypto might reach the Fib 1.618 level at around $6.5.\u00a0 Secondly, he mentioned that the XRP price could hit $2.31 and $2,88 if the Bitcoin price reaches $80,000 and $100,000, respectively. He expects XRP to mirror BTC\u2019s move, just like it did in the 2021 bull run.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":646926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-646888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It \u2018Conservative\u2019<\/title>\n<meta name=\"description\" content=\"Crypto analyst Egrag Crypto has 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