EGRAG CRYPTO, a notable analyst, has introduced an analytical framework to forecast potential price targets for XRP, based on historical price trends and market liquidity.
By dividing previous peak values in half, the analysis suggests potential price targets of $1.96, $15, and $66, applying methodologies from 2017 price movements.
Amid the ongoing uncertainty in the Ripple vs. SEC lawsuit, native cryptocurrency XRP has been flirting around $0.52 levels with a market cap of $29 billion. While the selling pressure hovers over XRP, its daily trading volumes have skyrocketed by a staggering 103% shooting past $2.2 billion, as reported by Crypto News Flash.
However, the current selling pressure hasn’t stopped investors from taking bold bets on XRP.
EGRAG CRYPTO (@egrahcrypto), a prominent analyst, recently unveiled an analytical approach outlining potential price targets for XRP. This strategy primarily relies on historical price trends and overall market liquidity, disregarding factors
Hedge fund billionaire Bill Ackman is reportedly readying Pershing Square and a new fund to go public as soon as early next year
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