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Crypto

XRP Breakout Sees $6.40 and $30 Targets Within Reach

Guavy AI Editorial Team
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XRP
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Crypto analyst Egrag Crypto sees XRP as undergoing a macro breakout retest following its escape from a multi-year symmetrical triangle.

This phase could determine whether XRP resumes its broader uptrend, with potential price targets of $6.40 in the medium term and $30 over the longer term if key technical conditions are met.

Egrag pointed to an article published by crypto media outlet CoinPaper, which outlined his latest technical outlook for XRP.

The analyst identified the $0.85 to $0.88 region as XRP's most important support zone, combining several technical indicators including the lower boundary of the former symmetrical triangle and the projected breakout retest.

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