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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Will XRP Price Exceed $10? Details from Cryptocurrency Experts
XRP, the original token of Ripple Labs, seems to be attracting significant attention from cryptocurrency enthusiasts as it has formed a pattern of price action increasing on its daily timeframe. In the context of this price increase prospect, a well-known cryptocurrency expert posted an article on X (formerly Twitter) in which they made a bold prediction that XRP could reach $11 in the coming days.
Expert's bold prediction about XRP In a post on X, an expert notes that XRP is currently consolidating in a bullish price action pattern, resembling a flag and pole pattern on the daily timeframe. During this consolidation, the price appears to be trapped within a narrow range and is facing resistance at the $2.73 level. The expert emphasizes that before XRP breaks this resistance level, there is a high possibility that it could return to $2.05. In addition, if the XRP price continues to break the resistance level and closes the daily candle above $2.73, there is a high possibility that it could surge significantly to reach $11 in the future. In addition to this bold prediction, XRP is currently trading at nearly $2.42 and has decreased by 1.50% in the past 24 hours. During the same period, its trading volume has decreased by 25%, indicating lower participation from traders and investors in the context of price prospects. Predicting the price of XRP and upcoming levels However, CoinPedia's technical analysis shows that XRP has broken out of the flag price pattern and is experiencing a significant price increase, currently testing the breakout level of $2.40. Based on recent price action, if the asset holds this level and closes daily candles above it, it could signal further upward momentum. #Write2Earn # Based on recent price movements, if this altcoin maintains its level above $2.30, there is a strong possibility that it will surge over 40% to reach $4.50 in the future. Please provide the text to be translated. DYOR! Write&Earn $XRP {spot}(XRPUSDT)