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Coin Edition 2025-01-07 09:28:45

XRP Dominance Predicts Price Trends: $10 to $13 Target Range

XRP’s price historically surges in two waves with a correction in between. Analyst predicts XRP could reach $10 to $13, but risk-to-reward ratio deteriorates. XRP.d approaching resistance signals potential market underperformance ahead. XRP’s price movement has long intrigued investors with sudden surges and quick corrections. Crypto analyst Maelius says understanding XRP’s past patterns and market dominance can help you figure out the best time to sell. With XRP currently priced at $2.44 and a 24-hour trading volume of $4.12 billion, Maelius’ analysis suggests strategic timing is crucial to maximize returns while minimizing risks. How XRP Price Moves XRP’s price tends to jump quickly, usually in two big waves with a correction in between. These waves attract a lot of media hype, drawing in retail investors who often buy in late. This usually leads to one final surge followed by a sharp drop, shaking out many retail investors before a final upward move. For example, in 2017, the third wave (W3) showed two similar jumps, pushing XRP to impressive highs. If the current cycle follows this pattern, Maelius predicts XRP could reach a W3 target of ar… The post XRP Dominance Predicts Price Trends: $10 to $13 Target Range appeared first on Coin Edition .

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