Crypto News

Will it Hit $9 or $24 Next?

One of the most important technical signals for the cryptocurrency right now is the 21-week Exponential Moving Average (EMA) crossing above the 55-week Simple Moving Average (SMA) on the weekly chart. This is considered a bullish crossover, and historically, this signal has triggered major price rallies for XRP:

In 2017, a similar crossover led to a , taking XRP to its all-time high.

In 2020, the same pattern resulted in about a 750% gain.

In 2024, a crossover led to a 560% increase, showing the pattern still works in the modern market.

Based on past patterns, analysts suggest two possible targets:

$9 – If the cryptocurrency repeats the kind of gains seen in 2020 (around 1,500% from the signal).

$24 – If the altcoin achieves 10% of the 2017 rally, which would require a massive bullish cycle.

These levels are not guaranteed but are used as reference points based on history.

Also Read – XRP vs. Dogecoin: Which Crypto Will Grow Faster in 2025?

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button