bullish

Immutable

CRYPTO

Time

<p><a href="https://captainaltcoin.com/ripple-xrp-price-action-hints-at-only-one-direction-analyst-reveals-timeline-for-extraordinary-breakout/" target="_blank" rel="noopener noreferrer nofollow">XRP is getting close to a crucial level,</a> and experts expect an upcoming breakout. Analyst EGRAG CRYPTO tweeted that XRP is likely to swing s in price during the next 15 to 30 days.&nbsp;</p>
<p>Complementing a thorough chart, the tweet highlighted important levels of support and resistance, therefore suggesting possible price targets for the short and long terms.&nbsp; EGRAG CRYPTO’s analysis focuses on two key triangular formations on XRP’s price chart: a larger yellow triangle and a smaller white triangle.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> Genuine Wake-Up Line <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> (Micro Moves – Lower Time Frame) – UPDATE <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;">:<br><br>Here’s the good news: as time ticks by <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f3.png" alt="⏳" class="wp-smiley" style="height: 1em; max-height: 1em;"> within the White Triangle and Yellow Triangle (break-out Target 0.61-0.62c), the breakout point is getting lower and lower <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f53b.png" alt="🔻" class="wp-smiley" style="height: 1em; max-height: 1em;">. <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> has MAX-MAX 70 days left to… <a href="https://t.co/wUxuRzF6Lr" target="_blank" rel="noopener noreferrer nofollow">https://t.co/wUxuRzF6Lr</a> <a href="https://t.co/dP4NS5LDa7" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dP4NS5LDa7</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1845742629062869396?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The yellow triangle, which represents long-term consolidation, is formed by two major trend lines known as the Atlas Line (support) and the Genuine Wake-Up Line (resistance). As XRP’s price continues to move within this formation, it is drawing closer to a breakout point.</p>
<p>Within this broader pattern, the white triangle signals shorter-term consolidation. This smaller triangle is expected to resolve in the next 15 to 30 days, with a potential breakout occurring before the yellow triangle’s apex is reached. Both formations suggest that the price pressure is building, making a <a href="https://coingape.com/trending/is-xrp-heading-for-global-adoption-ben-armstrong-revealed-hidden-facts/" target="_blank" rel="noopener noreferrer nofollow">decisive price movement</a> likely in the coming weeks.</p>
<h2 class="wp-block-heading" id="strong-breakout-levels-and-price-targets-strong"><strong>Breakout Levels and Price Targets</strong></h2>
<p>The chart shared by EGRAG CRYPTO outlines several potential price targets for <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, starting with an initial breakout target of $0.6112, which aligns with the resistance level from the white triangle formation.&nbsp;</p>
<p>Should the price successfully break through this resistance, <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> could rally. The token could rally toward mid-term targets around $1.4679, a level associated with past price highs.</p>
<p>For long-term investors, the analyst projects a possible target of $7.50, based on a 1.618 Fibonacci extension level. While this target would likely require sustained bullish momentum and multiple breakouts, it underscores the potential for gains if XRP maintains its upward trajectory.</p>
<p>In terms of timing, EGRAG CRYPTO notes that XRP has a maximum of 70 days to reach the apex of the larger yellow triangle. However, with the smaller white triangle nearing its conclusion, a breakout within the next 15 to 30 days is highly probable.&nbsp;</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also:</em></strong><a href="https://captainaltcoin.com/immutable-imx-price-breaks-out-of-key-pattern-heres-why/" target="_blank" rel="noopener noreferrer nofollow"><strong><em> Immutable (IMX) Price Breaks Out of Key Pattern – Here’s Why</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-market-sentiment-and-community-support-strong"><strong>Market Sentiment and Community Support</strong></h2>
<p>EGRAG CRYPTO’s analysis has sparked interest within the XRP community, with many traders closely monitoring the chart for potential entry points. Additionally, the analyst’s conviction in an imminent breakout has also been echoed by members of the #XRPArmy.&nbsp;</p>
<p>With the price approaching key resistance levels, the pressure for a breakout builds. Besides,&nbsp; with market participants eager to see whether XRP will follow through on the predicted move.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/xrp-price-set-for-explosive-rally-analyst-shares-timeline/" rel="noopener noreferrer nofollow">XRP Price Set for Explosive Rally, Analyst Shares Timeline</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

XRP Price Set for Explosive Rally, Analyst Shares Timeline

Table of Contents

CaptainAltcoin

Other articles published on Oct 15, 2024

Bybit’s World Series of Trading (WSOT) 2024 With More Than 10M USDT Prize Pool Opens Doors for Re...

Bitcoin Swept High & Began to Consolidate— Is it Bullish or Bearish for the BTC Price Rally?

Will HMSTR Token Bounce Back in 2024?

Secret Network Integrates Confidential Computing Layer with Solana, Enhancing Privacy for Decentr...

AI-Driven Deepfake Technology Threatens Crypto Exchanges: Security Walls Breached!

Coinbase to Delist Non-Compliant Stablecoins in EU by December

Join our free newsletter for daily crypto updates!