XRP Just Entered Its Parabolic Phase, Analyst Sets $100 Log Scale Target
2025-07-20 18:26:22
Main Idea
An analyst suggests XRP has entered a parabolic phase with potential price targets up to $100, based on historical patterns and technical analysis, amid positive market developments.
Key Points
1. Analyst @meta_warior indicates XRP is transitioning into a 'Parabolic Needle' phase, with price targets ranging from $50–70 to $100 based on logarithmic scale projections.
2. XRP has broken above a long-standing resistance level of $3.40, now trading at $3.42, signaling a potential breakout.
3. Historical fractals, particularly from the 2017 surge, suggest XRP could reach between $22 and $30, with higher targets if patterns repeat.
4. Fundamental factors like the ProShares Ultra XRP ETF and the nearing resolution of Ripple's SEC lawsuit are boosting market confidence in XRP.
5. The article emphasizes that this could be the last opportunity to buy XRP below $10, urging investors to act quickly.
Description
XRP has officially entered what analysts describe as its “parabolic phase”, a pivotal moment that could redefine the digital asset’s trajectory. According to chartist @meta_warior, whose technical analysis was highlighted by Amonyx on X, XRP may be on the verge of a historic rally, with price targets stretching as high as $100 based on logarithmic scale projections. XRP Breaks Out of Long-Term Accumulation The chart shared by @meta_warior outlines XRP’s journey through four major accumulation ba...
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