Crypto analyst CasiTrades maintains that XRP's long-term market strategy is unchanged, even after a recent price rally. She emphasizes that the asset must either fall to lower support zones around $0.87-$1.11 or break above resistance at $1.67 for any significant shift. Until then, current price action is seen as range-bound.
Another analyst, Egrag Crypto, using Elliott Wave Theory, predicts a potential XRP rally to between $15 and $31. This outlook assumes XRP is in Wave 2 of its cycle, with a subsequent Wave 3 and Wave 5 leading to significant price increases. At present, XRP trades around $1.40, awaiting a decisive move.
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