Crypto analyst Diana has made a bold prediction regarding the future of XRP, suggesting that the altcoin could soar to $7 this year, marking a staggering 450% increase. As enthusiastically stated in the publication, her analysis is based on technical indicators that point towards a potential new all-time high for the cryptocurrency.
Долгосрочный прогноз для XRP
Diana's forecast hinges on the application of Elliott Wave theory and Fibonacci retracement levels, which suggest that XRP is poised for significant upward movement. Currently, the altcoin is trading within a critical support zone between $1.50 and $1.55, a level that buyers need to defend to maintain bullish momentum. Should this support hold, she anticipates a rise to between $1.88 and $2, which could trigger a rapid price surge.
Краткосрочный и среднесрочный анализ
In her analysis, Diana outlines a short, medium, and long-term outlook for XRP. She expects a breakout above the $2 mark, potentially pushing the price to between $2.20 and $2.70. Furthermore, she believes that the current price structure indicates the beginning of a larger Wave 5 impulse, with major targets set in the $5 to $8 range for the 2025 to 2026 period.
Текущие рыночные условия
Meanwhile, CasiTrades has indicated that a Wave 4 relief move is on the horizon, with initial resistance at the 38.2% retracement level of $1.78. This move could see XRP climbing towards $1.93 or even reaching the $2.03 macro Wave 5 retracement level. As of now, XRP is trading at approximately $1.58, reflecting a decline over the past 24 hours.
In a contrasting trend, Ethereum's network activity has seen a rise in Active Addresses despite a price drop, highlighting a potential shift in market dynamics. For more details, see the full report on the surge in Ethereum activity.
