XRP analysts highlight the end goal and sales strategy as XRP price rebound
XRP Analyst Egrag encryption He mentioned an analysis in which he revealed his ultimate goal and strategy to sell alternative tokens. This is because Altcoin has a price rebound, hoping to break the $3 resistance and reach a new high.
Analysts highlight strategy as XRP price rebound
In X posts, Egrag encryption Emphasizes his “end goal and sales strategy” for XRP. Regarding his profit strategy, he said he would make a 25% profit when the price reaches its first target. The analyst also plans to occupy another 25% on his second and third targets, while he will retain 25% as a “moon bag.”
As part of his strategy, Egrag Crypto also recommends market participants sell 5% of their holdings each time XRP Price Increase a certain amount. The first goal, he noted, was to recover the initial capital by securing his investment and then combining his profit strategy. Analysts advise investors to wait for their targets and sell all targets when they reach them.
Additionally, analysts told market participants to spin their profits by investing low-priced projects into potential exponential growth. He warned that this is high risk, especially if investors don’t fully understand their next move. For long-term holders, Egrag Crypto said they can continue to buy and not sell for the next 10 to 15 years.
Egrag Crypto Prediction XRP price will reach During this market cycle, he plans to hold a moon bag of $27 to $33. Prior to this, analysts focused on restoring their initial capital by following a percentage-based sales strategy. He will unlock 10% of his total stake on a specific target and continue this approach until it reaches the $27 to $33 range.
Analysis of current price action
In X posts, Crypto Analyst Dark Defender The XRP price was revealed to be a noticeable break on the weekly schedule after it exceeded $2.2222 and hit $2.3620. After that, the assets were corrected to around $2.07. Analysts assert that Altcoin’s fifth monthly wave is developing at full speed.
He further noted that the weekly relative intensity index (RSI) of XRP prices turned bullish, with analysts claiming that the current structure is expected to rally between $5.85 and $6.39. Dark Defender added that the waves will fall with five sub-waves for the fifth time.
at the same time, Crypto analyst Ali Martinez It also offers a bullish outlook for XRP price, predicting it could hit $15. In the X post, he said that if the management model behind Altcoin is his prominent symmetric triangle, the target could be $15.
At the time of writing, the XRP price is trading at about $2.38, down more than 1% in the past 24 hours. data From CoinMarketCap.
Featured Images from Getty Images, TradingView.com Charts
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
