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Will XRP Price Cross $10? Insights from Crypto Experts
The price of Ripple’s native token, XRP, has been gaining traction in recent days as it forms a bullish pennant pattern on its daily chart. This development has led many crypto enthusiasts to wonder if the asset will continue to rise and cross the crucial level of $10.
According to a prominent crypto expert, the answer is yes – XRP could potentially reach as high as $11 in the coming days. The prediction was made in a recent post on X, where the expert analyzed the current price action and identified potential technical patterns that may indicate further growth for the asset.
The analysis suggests that the asset has already broken out of a bullish flag and pole pattern, but is currently retesting the breakout level of $2.40. Should the asset hold this level and close a daily candle above it, it could signal further momentum in its price movement.
In the event that XRP’s price manages to cross $2.30, there is a strong possibility that it will surge by over 40% to reach a price as high as $4.50.
Source: coinpedia.org
