XRP Drops to $2 According to Plan for Historic Surge to $10, Analyst Says

Cryptocurrency analyst XForce commented on the recent bearish trend of XRP, stating that this price correction is part of a plan as this altcoin aims for a historical breakout. The analyst predicts that XRP could reach double digits when this breakout occurs. XRP Fall Is Part Of The Historic Breakthrough Plan To $10 In a post on X, XForce pointed out that the recent price correction of XRP is part of the plan for a historic breakthrough to 10 dollars. He claimed that he had predicted this exact pullback for months and remarked that this altcoin is getting closer to the historic breakthrough of 10 dollars. The analyst added that the process may unfold gradually, but it cannot be denied. In a video on his YouTube channel, XForce explained further why he is confident that the price of XRP can still reach a new all-time high (ATH). He highlighted the WXY corrective structure, which began at the start of the year, noting that this is just part of a larger bullish structure. He commented that this corrective structure occurs when the market seems to cool off after the price surge recorded in the early stage of this bullish cycle.

The cryptocurrency analyst claims that the XRP price will still witness a wave 3, 4, and 5 on the macro chart. This wave 3 is expected to take the altcoin to its $10 target before it returns to Wave 4. XForce believes XRP can rally to $40 on Wave 5 before this bull cycle finally ends Meanwhile, the analyst referred to the XRP/USDT chart while pointing out that a bottom has appeared for this altcoin, with the WXY corrective structure in Wave 2 having been completed. This means that XRP is now ready for a bullish run, with a move up to 10 dollars likely to begin soon. XRP Is Getting Closer To A "Extreme Bull Run" In a post on X, cryptocurrency analyst Dark Defender stated that the price of XRP is approaching an extreme bullish surge in a very short time compared to what market participants can imagine. He advised market participants to pay attention to the levels of $2.222 and $2.40 as major resistance levels, while $1.8815 is a major support level. Cryptocurrency analysts believe that the price of XRP could still fall below $2 before recording this explosive move. He stated that this altcoin is expected to have three more waves in smaller time frames. Therefore, he advises market participants to pay attention to the level of $1.8815 once again.

At the time of writing, the price of XRP is trading at around $2.18, up in the last 24 hours, according to data from CoinMarketCap.