Top Chartist Has a Special Message for XRP Holders
Main Idea
A top chartist, Egrag, highlights XRP's significant price surge and identifies its current trading phase as the 'Valhalla Phase,' predicting further potential gains if key resistance levels are broken.
Key Points
1. XRP is trading at approximately $3.49, marking a significant turnaround from its previous price below $0.50.
2. Egrag refers to the current phase as the 'Valhalla Phase,' indicating a transformational stage in XRP's market cycle.
3. A critical resistance level is identified at $3.65, termed the 'Valhalla gate key,' which could trigger a move toward $12–$23 if broken.
4. Egrag's analysis aligns with broader market sentiment, including a CoinDesk report targeting a short-term move toward $6 for XRP.
5. The term 'Valhalla' symbolizes a phase where early believers' conviction begins to pay off, drawing from Norse mythology.
Description
XRP is trading at approximately $3.49, with an intraday high of $3.64 and a low of $3.43. This marks a massive turnaround from its price below $0.50 just months ago, a level that crypto analyst Egrag Crypto consistently championed as a historic buying opportunity. Now, as XRP enters what he calls the “Valhalla Phase,” Egrag has a message for early believers and newcomers alike: “XRP, when it was below $0.50, I was screaming and shouting every day. I will be remembered as the GOD of XRP, buying i...
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