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XRP About to Breakthrough? Analyst Predicts Rise to $17, $21 and $27
The XRP community has been stirred by new insights from chart analyst EGRAG CRYPTO, who outlined a potential breakout scenario that could push XRP to levels of 17, 21, and 27 dollars. According to his technical assessment, XRP is currently forming what he calls the "Hypaspists Pattern", a pattern believed to support rapid and strong upward movements. This formation, shared through the detailed chart, shows XRP trading in a descending parallel channel limited by the identified upper and lower trend lines. Even after a recent period of no volatility, XRP seems to remain in its main structure, which suggests that it could rise in the coming weeks. It is important to note that the analysis indicates that $1.35 and $1.80 are important levels that can see the market's support still in place. Moreover, the market has established sell points at $2.40, $3.00, and $3.40, setting smaller targets along the way before reaching larger price targets of $17, $21, and $27. These stages indicate that XRP may experience steady growth, which could then lead to a strong surge.
Analysts identify a pattern that could trigger a rapid increase in XRP. According to EGRAG CRYPTO, the Hypaspists Formation not only frames price movement. It reflects a strategic setup capable of delivering quick profits when the right conditions are met. This structure resembles a military unit designed for speed and agility, highlighting the potential for XRP to move quickly as momentum increases. According to the chart analysis, the model will still rise even if XRP drops to a price of $1.35. Maintaining this support level will confirm the high possibility of achieving the forecasted long-term targets. The current model shows stability as XRP consolidates in a larger range, which could lead to significant price increases. Another vertical line appears on the chart, also pointing to the beginning of September. Depending on the trend and volume data, there may be a turning point at this marked point when the price tends to rise. With the deep insights of experts pointing to a structured path towards $17, $21, and $27, XRP is attracting new attention. As the market evolves, people are watching the Hypaspists Formation for any signs that a major breakout is imminent.