Imagine cryptocurrency as digital money! A crypto expert named Egrag Crypto thinks the cryptocurrency XRP might go up in price. He thinks it's like a rocket preparing for launch!
He's looking at some charts and patterns to make predictions. He's not totally sure, but he thinks it could be exciting!
Let's see what he thinks will happen:
- XRP is currently around $2.60.
- If it breaks past $3.00, it might reach $4-$6 soon!
- In the long run, it might even hit $33-$60!
- But, if it goes below $1.90, it could drop to $0.90-$1.00 which he calls a 'Black Swan' event – a surprise drop.
| Possible XRP Price | Timeframe |
|---|---|
| $4 - $6 | Short-term |
| $33 - $60 | Long-term |
| $0.90 - $1.00 (worst case) | Short-term |
