XRP Accumulation Spree Signals $22 Price As Ripple Renews Optimism in the U.S. Market ⋆ ZyCrypto

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Entry and exit points have become increasingly important as bullish momentum continues in the crypto market.

In response, EGRAG CRYPTO, a leading analyst in the crypto market, has identified key zones that could offer ideal buying opportunities using the Symmetrical Triangular pattern.

Take on X, formerly Twitter analyst ????????????????????????????????????????????????????????????????????????????????????????????????, “As long as XRP maintains its Symmetrical Triangle Formation, consider these dips as buying opportunities.”

Source: EGRAGCRYPTO

EGRAG CRYPTO, based on this analysis believes that XRP could surge to the $22 mark on the basis of the Symmetrical triangle, which has been triggering higher and lower highs ever since 2017.

The analyst emphasized that caution was necessary, as the accumulation spree only remained relevant if XRP remained within the Symmetrical triangle.

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XRP continues to paint a bullish picture

XRP is the fifth-largest crypto based on market capitalization. Its positive outlook for long-term is evident as it traverses the $0.52 range.

XRP_Shark expressed these sentiments in a recent post. The market analyst noted: “Most liquidity sits at .35-.40 cents. And that liquidity is needed to make price move in the opposite direction. That’s why I believe chances are good.”

Source: XRP_Shark

With XRP sitting above the $0.50 region, it is highly likely that the crypto will continue to enjoy bullish momentum.

According to a report by Reuters, XRP rose by 3.8% over the past week and reached $0.523 at the time of publication. CoinGecko data.

Ripple has been making strategic moves to improve the cross-border payment system, which is a positive sign for XRP. ZyCrypto was previously able to confirm this. reported.

Ripple, following the recent legal clarification in its case against United States Securities and Exchange Commission(SEC), has renewed its optimism on the U.S. Market. Cross-border remittance is one of the main focuses. 




‘ Credit:
Original content by zycrypto.com – “XRP Accumulation Spree Signals $22 Price As Ripple Renews Optimism in the U.S. Market ⋆ ZyCrypto”

Read the complete article at https://zycrypto.com/xrp-accumulation-spree-signals-22-price-as-ripple-renews-optimism-in-the-u-s-market/

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