Ripple (XRP) Could Surge 1350%, Here's How
A recent tweet by analyst EGRAG Crypto highlighted an emerging technical pattern that could presage parabolic upside in Ripple (XRP). The Analysis shows a potential 1350% surge from current levels. EGRAG pointed out that XRP had formed a “Fibonacci Speed Resistance Fan” (FSRF). This is made up of three angled trendlines that show important Fibonacci ratios that tend to act as barriers during price uptrends and downtrends. Also read: Solana Weekly Price Prediction: Can SOL Hit $120? According to the Analysis , XRP faced resistance after peaking last July at the 0.618 FSRF level around $0.75. However, a bullish structure has taken shape more recently. XRP also notched consecutive daily closes above the crucial 0.5 FSRF mid-line. #XRP Fib Speed Resistant Fan – FSRF (Update – GLORY AWAITS US IN VALHALLA): For a detailed review of our targets, refer to the post on March 14, 2023, at https://t.co/dUXJakUkWv. Quick Brief: The Fibonacci Speed Resistance Fa...