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$XRP Eyes $1.60, Analyst Predicts Further Gains
#XRP is showing strong potential, with analyst Credible forecasting a rally to $1.60 if Bitcoin remains stable. Currently holding support at $1.35, XRP’s price action aligns with bullish patterns, setting the stage for more upside.
Key Insights
*/ Bullish Outlook: Credible sees XRP reaching $1.60+ if Bitcoin maintains stability, marking the start of a larger rally.
*/ Risks and Pullback: A Bitcoin breakdown could pull XRP back to $1.10, offering a potential buying opportunity.
Credible’s analysis uses Elliott Wave theory, which suggests if XRP stays above $1.35, a move to higher levels is likely, without revisiting sub-$1 prices. Currently, XRP trades at $1.44 while Bitcoin holds steady at $94,150.
