XRP Price Prediction: Trader Says Elliot Wave Pattern Suggests Huge Breakout For Ripple Token, While Crypto All-Stars Presale Passes $4.6M
The XRP price tumbled 2% in the last 24 hours to trade at $1.08 as of 02:17 a.m. EST on trading volume that slumped 27% to $5.6 billion. This comes as the Ripple token price appears to be on the verge of a significant breakout, with Armando Pantoja, an analyst on X, predicting that the XRP price could reach between $8 and $30 from its current level. According to Pantoja, Elliot wave patterns indicate a major rally for XRP is imminent. Gensler's exit + Elliot Wave patterns signal a huge $XRP breakout. Key break points: $1.33 & $1.88. After $1.88, it’s a clear path back to the ATH of $3.84. Targets: $8-$30. Last time we saw this setup, #XRP skyrocketed. Don’t miss it. #XRP #XRPArmy pic.twitter.com/aDOuceBQAH — Armando Pantoja (@_TallGuyTycoon) November 19, 2024 Moreover, the analyst noted that the potential exit of the SEC chair, Gary Gensler, will also help push the XRP price up. XRP Price On A Sustained Rally The XRP/USD chart Analysis is displaying a strong bulli