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XRP Rally Heads Toward $4 As This Analyst Predicted
In a bold prediction made just two days ago, crypto analyst CryptoBull has sparked debate across the XRP community by forecasting that the token would “break out of this bullish falling wedge and climb towards $4 within the next 2 days.” While critics have been quick to dismiss the claim, the recent price action appears to be vindicating the forecast.
As of August 4, XRP has witnessed a significant surge in value, with the token’s price touching an intraday high of $3.07 before stabilizing around $3.04. Although it hasn’t yet reached the predicted level of $4, CryptoBull’s wording – “climb towards” – may have been misinterpreted by his detractors.
The prediction has drawn attention from XRP enthusiasts and investors alike, with many speculating on whether the token will indeed breach the $3.10 to $3.25 resistance zone before making a move towards the previously predicted level.
Despite the criticism, CryptoBull’s technical picture remains intact, pointing towards a continued upward trajectory for the token. As XRP has just broken out of a falling wedge pattern and is showing signs of sustained bullish momentum, it appears that the analyst’s forecast was not necessarily wrong, but rather misinterpreted by some in the community.
The prediction has sparked a heated debate on social media platforms, with many questioning whether $4 is even possible. However, CryptoBull’s technical analysis suggests otherwise, as evidenced by the token’s impressive 6% gain over the past 48 hours.
As XRP continues to defy expectations and rise against all odds, it seems that this analyst’s prediction has become a reality in spirit, if not in exact numbers.
Source: timestabloid.com
