Crypto
XRP seen with 53 percent chance of reaching $11; key levels in focus
An analysis said XRP could rise to $11 in the long term despite short-term weakness. Market analyst Egrag Crypto said XRP is holding a descending broadening wedge pattern on the monthly chart, putting the probability of a move to double-digit prices at 53 percent. He highlighted $1.11 as critical support and $3 as the bullish trigger, while estimating a 43 percent chance of a drop to $0.32 if support fails. Another analyst warned of downside risk tied to the 50-month EMA.
