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XRP Sees Confluent Price Target at $6.40 Amid Symmetrical Triangle Analysis

Guavy AI Editorial Team
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XRP
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Crypto analyst Egrag Crypto has identified $6.40 as XRP's 'most confluent target' in its long-term technical structure.

Egrag noted that XRP 'bounced exactly' off the upper edge of a symmetrical triangle, which he has previously cited in his analysis.

The analyst attached a chart to his tweet showing the current price action and highlighting several Fibonacci extension levels above XRP's trading range, with $6.40 being a major target.

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