Analyst: XRP God Candle that Will Send Price to $50 Is Coming
2025-07-10 12:22:00
Main Idea
Analyst XRPunkie predicts a potential parabolic surge in XRP's price to $50, based on a bullish technical pattern and Fibonacci extension levels, supported by Ripple's advancements and market optimism.
Key Points
1. XRPunkie identifies a rare technical pattern (pennant breakout) on XRP's monthly chart, suggesting a potential parabolic move.
2. Fibonacci extension levels indicate price targets at $6.45, $8.90, and $13.42, with $50 as an ambitious long-term goal.
3. Ripple's developments, including its RLUSD stablecoin and U.S. banking integration, provide fundamental support for XRP's price.
4. Other analysts, including those using Elliot Wave Theory, also forecast significant upside potential for XRP.
5. The coming weeks are seen as pivotal for XRP's price movement, with potential for a historic rally.
Description
Analyst XRPunkie has sparked a wave of renewed optimism in the XRP community with a bold declaration that a “ God candle” is imminent , one that could send XRP skyrocketing to $50. A prominent chart analyst recently identified a rare and powerful technical pattern on XRP’s monthly chart, indicating a potential massive price surge. Technical Formation: Pennant Breakout Could Trigger Parabolic Move XRPunkie’s prediction is rooted in months of bullish technical structure. After successfully breakin...
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