Popular altcoin XRP is gaining traction in the crypto market as the digital asset continues to attract bold predictions from inspired crypto enthusiasts following a recent price recovery due to a general market rebound and strong investor sentiment.
Is XRP Gearing Up For Another Historical Bull Run?
In a bold forecast, Edrag Crypto, a market expert and trader, has outlined a detailed path for a potential 10x price surge in the value of XRP, triggering quite a frenzy in the crypto community over its capability. The expert’s prognosis is based on a Macro Drop Zone analogy on a gravitational view, which includes 3 distinct areas such as area A, area B, and area B*.
This prediction is in line with a broader outlook for the altcoin possibly reaching a new all-time high in the ongoing cycle in the event that the legal battle between the United States Securities and Exchange Commission (SEC) and financial behemoth, Ripple, over the digital asset comes to a complete end.
According to the expert, a macro consolidation was located in the first area, where XRP was relaxing. However, it was drawn to the boundary of the drop zone in the area, and the altcoin plummeted into the second area (Area B) from $0.15 to $2.
As a result, Edrag Crypto has urged investors to buckle up as the token must approach drop zone B. When this happens, XRP could be poised for a massive launch from the $2 level to the $15 price mark.
Furthermore, the analyst highlighted
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Author: Godspower Owie
