The crypto analyst, EGRAG CRYPTO, has revisited his predictions for XRP, highlighting a recent 25.7% surge. Currently trading at $3.18, the asset shows promising signs.
EGRAG CRYPTO's New XRP Prediction
Using Fibonacci projections, EGRAG CRYPTO sets XRP's targets at $10 with the 1.618 Fib level, and $124 at the 2.618 Fib level. The analyst suggests that $10 is an attainable goal, with $124 as a longer-term ambition.
Legal Clarity of XRP
In a June post, EGRAG CRYPTO noted that XRP might be the only cryptocurrency with clear legal status, buoyed by favorable court rulings, including a decision that XRP is not a security.
Holding Strategy for XRP
The analyst stresses the importance of holding XRP through critical price thresholds, like $10, emphasizing the asset's long-term potential.
EGRAG CRYPTO's predictions for XRP offer an optimistic view of its future, grounded in technical and legal analyses. Long-term holders could see substantial returns on their investments.
