Breakout Looms: XRP To Hit $7.5 After ‘Wake-Up Line,’ According To Analyst

Quick Summary:

Mid-term projections are even more optimistic, with potential targets set between $5.50 and $7.50.#XRP Genuine Wake-Up Line (Micro Moves – Lower Time Frame) 🚨🚨🚨🚨🚨🚨🚨 🔍 A closer look at the borders of the GWUL (Genuine Wake-Up Line) reveals an intense battle ⚔️ between the #Bulls 🐂 and #Bears 🐻.

The wave count is on our side! … pic.twitter.com/QcYFFQn0vl — EGRAG CRYPTO (@egragcrypto) October 1, 2024 EGRAG emphasizes that it is insufficient to simply barrel past the GWUL; XRP must maintain its position above this line for a minimum of three days.

If investors are able to elevate XRP above this triangle, it could trigger a substantial bullish wave, thereby verifying the breach of the GWUL.Reaching the $1.50 threshold is particularly significant, as it would conclude Wave 1 of a more extensive Elliott Wave pattern, according to EGRAG.

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Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Ripple Bitcoin Xrp Crypto Cryptocurrency Market News

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Published On: 2024-10-02 @ 22:00:07 (14 hours ago)

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Language: English

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