Crypto Analyst Explains XRP Price Roadmap To $37 As Bears Fight For Control 📈
A crypto analyst has detailed a long-term optimistic outlook for XRP, suggesting its price could reach as high as $37. This forecast is based on technical patterns involving key Moving Averages that have historically signaled strong price rallies for XRP.
According to Egrag Crypto, the interaction between the 21-week EMA and 33-week SMA could either propel XRP towards its target or lead to a bearish breakdown. Historical patterns show significant gains following this crossover. However, bears remain a threat, with past bearish crossovers leading to major price declines.
The current price is around $2.34, and Egrag Crypto advises caution if a bearish crossover appears, potentially signaling a need to exit positions.
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