Crypto analyst EGRAG CRYPTO predicts XRP's price could reach $33 by May, drawing parallels to its explosive rally in 2017. The forecast relies on historical price cycles and technical indicators.
EGRAG CRYPTO's Predictions
Analyst EGRAG CRYPTO suggests that XRP might surge to $33 based on a recurring pattern from 2017. He notes the previous breakout took 175 days with a 2,500% gain.
Key XRP Technical Levels and Indicators
XRP shows activity in the crypto markets, currently around $2.43. The technical outlook suggests a potential surge into the $3.00-$3.50 range. MACD histogram indicates a potential bullish turnaround.
Outlook and Key XRP Price Levels to Watch
XRP is in a corrective recovery phase after previous declines. Support is at $2.20, $2.00, $1.80, and resistance is at $2.50, $3.00, $3.50. Analysts predict new highs above $3.00 with increased buying pressure.
Crypto analyst EGRAG CRYPTO continues to monitor XRP market developments. While exact timing is challenging, current technical indicators suggest potential for growth. Traders should watch for signals before making decisions.