XRP’s price pullback deepened this week, but a high-timeframe technical view keeps some traders hopeful. Based on reports from analyst Egrag Crypto, the monthly chart remains above the key 21-EMA, and that is being treated as the main guide for the coin’s long-term direction.
Monthly Chart Holds The Stronger Signal
According to Egrag’s multi-timeframe review, seven key charts were checked and six trade below the 21-day Exponential Moving Average. The weaker frames include the four-hour, one-day, three-day, five-day, one-week, and two-week charts.
XRP is trading at $2.18, up 8.5% over the last 24 hours, but shed a measly 0.8% on the weekly frame. That short-term fall explains the current mood among traders.
Big Upside Targets On The Table
Reports have disclosed that the analyst’s longer-term model keeps XRP inside a rising channel on the monthly chart.
The model points to a target band between $9 and $13, and the analyst gives this outcome a 55–65% probability wit
We współpracy z: https://www.newsbtc.com/altcoin/xrps-3-6-month-outlook-analyst-predicts-path-toward-13/
