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Crypto Egrag Crypto analyst made a daring prediction that the XRP price can reach a market capitalization of 1.5 billion of dollars. He revealed how Altcoin can reach this step by referring to the technical indicators, which show the measured passage of this current market capitalization to a market capitalization of 1.5 billion of dollars.
How the XRP price can reach 1.5 billion of dollars to market capitalization
In a X postEgrag Crypto said the logarithmic decision could send the XRP price to around 1.5 Billion of market capitalization, exceeding the FIB 1.618 of around $ 500 billion. In the meantime, Non -logarithmic movement will put the Altcoin at around 270 billion dollars, aligning with the FIB 1.618.
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The crypto analyst noted that he sees two potential levels of growth by measuring the previous cycle, the transition from FIB 1.0 to FIB 1.618. On this basis, it predicts an increase of 242% and an increase of 600%. He then highlighted the four possible targets from the lowest to the highest. The first is the XRP price rally projected to a Stock market cap of $ 270 billion In accordance with the measured non -logarithmic movement.
The second objective is an XRP price rally of 242% to a market capitalization of $ 450 billion, supporting the Moving the previous cycle From FIB 1.0 to FIB 1.618. The third objective is another rally of 242% to a market capitalization of $ 978 billion. Meanwhile, the rally has a market capitalization of $ 1.5 billion of dollars is the last target, with the non -logical W model W movement for maximum potential.
Egrag Crypto highlighted what the XRP price could be based on its current circulating offer of 58.68 billion things if it achieves these market capitalization objectives. Altcoin’s price will be $ 4.60, $ 7.66 and $ 16.65 if it reaches $ 270 billion, $ 450 billion and $ 978 billion stock market dollars, respectively. Meanwhile, XRP will reach $ 25.56 if it will reach the market capitalization phase of 1.5 Billion of dollars.
Another analysis to support this price projection
In another X postEgrag Crypto predicted that the XRP price can reach between $ 13 and $ 22 depending on its analysis of the annual Altcoin graphic. He said Candle 13 will be the candle in small groups, which will lead to Rally at $ 13 or $ 22The wick extending potentially even higher.
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He noted that by analyzing candle 9, the annual candle of 2021 and its complete movement of the body of a gain of 800%, applying this increase to the candle of 13 points towards a target of XRP of approximately $ 17. He added that it aligns perfectly between line 1 to $ 13 and line 2 to $ 22. It should be mentioned that Egrag Crypto also predicted That Altcoin could come together at $ 27 in 60 days, lining up with the market capitalization projection of 1.5 billion of dollars.
At the time of writing writing, the XRP price is negotiated at around $ 2.28, down in the last 24 hours, according to data from CoinMarketCap.
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