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Crypto

XRP Could Reach Double Digits, Analyst Predicts

Guavy AI Editorial Team
Instruments
XRP
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Crypto analyst Celal Kucuker is predicting a significant price increase for XRP, currently trading near $1.06 on the Coinbase chart.

Kucuker's analysis identifies a bullish technical setup with XRP sitting near a major support area, and he believes it could lead the bull market.

The analyst points to a previous advance that sent XRP to its all-time high of $3.65, representing a gain of more than 500%, as a potential precedent for future growth.

Kucuker highlights Fibonacci extensions on the chart, which suggest upside targets at $5.9777, $7.8844, and $11.7356.

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