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Analysts Are Predicting XRP Price To Climb Above $20 In Unexpected Rally

  • XRP has been attracting bullish attention with analysts predicting a potential rally to double digits and beyond, with price currently around $2.30.
  • Key analysts like JackTheRippler and STEPH are forecasting a surge in XRP's price, with projections ranging from $16 to over $30 based on technical analysis and wave patterns.
  • JackTheRippler highlights the completion of Elliott Wave structures in favor of a bullish move, while STEPH's analysis points to a potential rally taking XRP to the $25 to $40 range.
  • While the bullish sentiment is strong, confirmation of a breakout above $3.40 with high volume is crucial to attract new capital into XRP, which is currently in an accumulation phase, trading at $2.29.

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