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Home»Altcoins»XRP stumbles – but analysts still see a path to $ 70
Altcoins

XRP stumbles – but analysts still see a path to $ 70

2025-03-18No Comments4 Mins Read
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Analysts remained optimistic about the potential price destination of XRP, and predicted that the crypto will pass the critical test and will hit somewhere between $ 33 and $ 70, despite the setbacks with which he has been confronted lately.

Market observers expressed their confidence in the ability of XRP To bounce back in the midst of the fall in trade volume where investors saw a decrease of 20%.

Related lecture

XRP -Facies setbacks

Reports said the Altcoin currently faces a number of challenges to get Momentum back for a Bullish Run because his price and trade volume went on a downward trend.

Against Writing is XRP traded at $ 2.33Decrease by 0.1% in the last 24 hours, which is higher than the $ 2.29 recorded on March 16.

On the better side, XRP showed some resilience despite the current pressure in the short term after placing an increase of 9% in the past week.

Many analysts have mixed opinions about the price movement of XRP because of these figures. Some market observers, however, maintained a positive view of the long term of the crypto despite the battle in the short term.

#Xrp – The analysis of today’s price action

The blue channel gives a clear indication of #XrpThe next move.

I have noticed that the balance has been established and rests on the bottom edge of the Blue Channel, making a mini bouncer quite clear in the previous post below. … https://t.co/w3fatyeksa pic.twitter.com/snxbay2a5

– Egrag Crypto (@egragcrypto) March 15, 2025

Can Xrp $ 70 hit?

One of the crypto analysts who remained confident on XRP is Egrag Crypto, who made a daring prediction of a possible increase. He said that XRP works on a cycle that can lead to huge price levels in the future.

See also  Almost ready for rise to $ 2.40 when a bullish pattern forms

Egrag Crypto believes that in the coming months, XRP could potentially hit $ 33 to $ 70 everywhere, so that both short -term volatility and the potential in the long term are taken into consideration.

“I have closely analyzing the strength of Golf 1 about different crypto cards, and after assessing several projects I have noticed a fascinating pattern in #XRP that a potential cyclustop can indicate,” the analyst explained in a message.

The crypto analyst expressed trust in the percentage of formulas he used to determine the price direction of XRP, and added that he identified two main goals: Stick 2 and Stick 3, which relate to $ 33 and $ 70.

XRP market capitalization currently at $ 131 billion. Graphic: TradingView.com

#Xrp – 3rd stick mail ($ 33- $ 70) 🌊

I have closely analyzing the strength of Golf 1 in various crypto hit lists, and after assessing several projects I noticed a fascinating pattern in #Xrp That can indicate a potential cycle top. By applying percentage formulas, I am … pic.twitter.com/exok7cbt11

– Egrag Crypto (@egragcrypto) March 16, 2025

“Loving van de golf 1 Deep Dive – XRP heeft dat vuur, toch? Je cyclusanalyse is perfect op – 668% vibes van $ 0,50 tot $ 3,84, en het dan opnieuw stapelen voelt Spot op, niet? En die percentage formules – $ 33 tot $ 70 – Stick 2 en Stick 3, Spot on Doelen – 50% en 80% korting op het gevoel,” @Terryki04112392

Related lecture

Resistance levels

The crypto expert explained that XRP is currently in a price channel that will influence where it is going, and adds that the price of the crypto is almost $ 2.83, a critical level that could project strength.

See also  XRP Rises to $2.90, Analyst Explains How

The analyst said that as soon as XRP reaches that level, this could continue the cryptocurrency to go to $ 4.20 in the short term, but if the coin has no strong grip above current levels, these support levels below can test.

According to the analyst, $ 2.40, who was the high of the previous day, and $ 2.97, which was the high of the week, there are two important levels to keep an eye on.

Featured image of Gemini Imagen, Graph of TradingView



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Analysts path stumbles XRP
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