Key takeaways:
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That classic XRP chart pattern is basically yelling ‘Hold on tight, we’re heading to $4.20!’ โ because nothing says fun like a digital crystal ball. ๐ฎ
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Analysts are tossing around $5โ10 targets like confetti at a clown convention โ sure, why not aim for the moon when you’re already in orbit? ๐
XRP’s price is catching its breath after smashing through a multimonth high of $3.66 last week, all thanks to some regulatory mumbo-jumbo and bigwigs deciding it’s cool to play. Who knew a $50 million fine could feel like winning the lottery? ๐
With Ripple‘s SEC saga wrapping up and XRP getting the ‘not a security’ stamp, it’s like the crypto world’s equivalent of a bad blind date turning into a rom-com. And don’t get me started on that ProShares Ultra XRP ETF โ it’s pumping up the volume faster than a Mel Brooks soundtrack. Now XRP’s market cap is flexing at over $210 billion, third place baby! But hey, rankings are as stable as a house of cards in a wind tunnel. ๐จ
So, buckle up, let’s dive into how sky-high this could go โ or if it’s all just hot air. Spoiler: I’m betting on chaos. ๐
XRP price: Classic chart pattern eyes $4.20
On the 4-hour candle chart, XRP’s cozying up to a bull pennant formation โ you know, that trendy little pattern where lines converge like over-caffeinated traders. A breakout? Oh, it could send us rocketing to $4.20, calculated by some math that sounds as sketchy as my last diet plan. And look, it’s chilling above the 50-day EMA like it’s got nothing to fear โ red wave or not, we’re riding this rollercoaster! ๐ข The RSI is playing it cool at 50, so no overbought alarms yet; it’s like the market’s saying, ‘Keep the party going!’ ๐พ
XRP will rise to $5-8 price range: Analyst
Enter Milkybull Crypto, the analyst who’s probably never met a chart he didn’t love. He’s spotting a pennant that’s eerily similar, pointing to a 1.618 Fib extension at $5.32 โ because who uses whole numbers when you can get fancy? And if things get wild, we’re talking up to $8, which is analyst-speak for ‘dream big or go home.’ Then there’s that MACD crossover on the weekly chart โ first one since late 2024, and it kicked off a 450% rally last time. History repeating? Or just a bad case of dรฉjร vu? Either way, I’m popcorn-ready. ๐ฟ
XRP dominance signaling $7-10 target
Now, analyst Dom is the voice of reason in this circus, saying not everything’s bullish yet. Take the XRP Dominance Index โ it’s hovering at 5.30%, just below that stubborn 5.50% resistance that’s been blocking the way for over 2,200 days. Talk about holding a grudge! If it breaks through, Dom’s hinting at a price double-dip to $7โ$10, assuming the rest of crypto doesn’t crash the party. ‘If history repeats,’ he says โ yeah, because history’s so reliable, right? Like trusting a weatherman in a hurricane. ๐ช๏ธ But hey, in this game, anything’s possible, especially with a dash of sarcasm and a whole lot of emojis. ๐
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2025-07-23 16:02