XRP price up to $ 110? The Bollinger Bands Creator reveals why it will become market leader – Tradingview News

The price XRP could direct the parabolically rally on new all-high high in height of $ 110. While the analyst shares technical analysis to support this ambitious goal, creator Bollinger Band Creator John Bollinger declares XRP to be a market leader in crypton space.

Analyst predicts a new target XRP to $ 110

In fairly long-lasting K (earlier twitter), the Egrag Cripto market went deep into its CSRP price analysis, based on its predictions on its Elliott wave structure. The CRIPTO analyst was reliable forecasting that the XRP headed for $ 110 ATC. This Billy goal would represent a huge 3.974% increase from its current market value.

First, Egrag Crypto describes the XRP structure with five wave structures, underlines that each wave could push the cryptocurratory new target. Analyst Reveals that XRP is currently in wave 2 its structures of Elliott wave and closely approaches wave 3, which is expected to run the most explosive increase.

In wave 1, the CSRP saw an impressive 733% increase in new heights. However, in its current wave 2, Egrag Cripto emphasizes that his 2017 fractal makes it deeper. With double-bottomed formation, analyst provided a potential interruption of cryptocurrency price.

EGRAG CRIPTO Further forecasts that will run the reversal, which will start a reversal and cause the price to pick up at 1,185%. This mass growth of prices would effectively set the CSRP price at a potential goal between 22 and $ 24. For a more conservative goal, analyst assesses the rush of about $ 22 to $ 24.

For the wave 4, Egrag Crypto predicts another big move similar to the wave, 23.6%, or 38.2% of the high price of waves, from the top of waves 3, bringing the price of cryptocurrency to $ 8. It also emphasizes an even worse bear in which the XRP is crashed only by $ 3.4.

Looking, Egrag Crypto shares three potential bakery goals for wave 5, the final part of the wave of elliott wave structure. He forecasts that Altcoin could increase between $ 32 to $ 48, $ 60 to $ 70, or 95 to $ 110. The analyst based its optimistic prognosis of past trends in the past cycle, where 2017. at the KSRP, see a large set of prices.

Bollinger Band Creator says the means to become a leader

Meanwhile, Bollinger, the Creator of the Renamir Technical Analysis at Bollinger, marked XRP in his last post, questioned whether he could take a leading role in the crypto market. The technical analyst claims that Ripple held better than other primary cryptic vehicles.

Given its legal battles with the American sector and current regulatory challenges, and Riple remains resilient, aimed at receiving clarity during the final phases of five years. Meanwhile, the CSRP price, which currently trades of $ 2.4, experienced a recent accession, increasing by almost 4% in the last day, according to coinmarketcap.