XRP Crash Warning Issued as Analyst Predicts $30 Upside

Crypto analyst Egrag Crypto has warned XRP holders of an impending crash, warning that if the token breaks below $1.47, it could expose it to a series of lower price zones on his chart.

The deepest downside target for XRP is $0.15, which would require the token to lose approximately 90.1% of its value from the current level of $1.52.

However, Egrag's chart also leaves room for a massive upside, with XRP potentially exploding roughly 2,620% or more than 27x from the key $1.47 level to reach his long-term bullish target of $30.

To achieve this, XRP must first defend the $1.47 zone and then break above $1.65 before bulls can turn their attention to a decisive breakout.