Bitcoin

Why XRP Price Could Be Headed to $17 – And Maybe Even Higher


After the last major rally at the end of 2024, the price of XRP struggled to maintain its momentum upwards. He regularly hovers around the $ 2 bar, holding his land while the wider market is trying to find a direction.

While some traders have gone to more trendy tokens, XRP long -standing supporters believe that history is not yet over. Some technical signals and daring predictions suggest that much greater movement could brew for undulation.

In a video on the A block chain Channel YouTube, the host brings a mixture of sarcasm, political comments and cryptographic analysis. The video opens with a satirical vision of the rough April, with memes, sound wings and jokes on everything, from Congress to convenience store employees, trying to dismiss the president. But nestled between political blows and cultural roasts is a serious look at XRP and a price goal that could raise certain eyebrows.

Source: Egrag Crypto / X

Referring to the ventilation of the macro graph origin originally shared by EgragcryptoThe host explains that XRP is currently in what is called “the number five candle” on the macro graph. If XRP manages to get out of its current scheme, the measured movement suggests a potential rally up to $ 17.

He even mentions that the ultimate summit could be $ 55, although he personally has his $ 27 goal as a for -profit area.

https://www.youtube.com/watch?v=6wcalhs9boo

Why the XRP price of $ 17 is not only a meme

The Ripple prices forecast is built on some technical signals. One of the greatest is a bullish divergence hidden on the two -week RSI and Stochastic RSI. According to the analysis, if the SRSI crosses and remains above line 20 for several weeks, it could act as a strong bullish confirmation.

However, there is a downward risk. If XRP falls below $ 0.29, the raised divergence becomes invalid and the rupture scenario is out of the table.

Read also: SUP FIRST PUMP missed? Here is why Suis Price could rally even more

The XRP segment is only part of the video, which also plunges into the technical structure of Bitcoin. The analyst notes that Bitcoin has gone through a level of key stochastic RSI and tests a widening descendant corner. If Bitcoin breaks out, it could trigger a wider Altcoin rally, which would almost certainly benefit at XRP price.

Despite satirical delivery, the video offers targeted technical socket. The key point is that the price of the undulation could be on the verge of significant escape, but it all depends on some critical indicators that are held in the coming weeks.

So, could the XRP price really reach $ 17? It is far from guaranteed, but according to A block chainThe roadmap is there, it simply depends on whether the market is ready to follow it.

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