XRP to $10?! 🤑 Expert Predicts HUGE Gains! 🚀

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Ah, XRP, that curious little coin, has dared to poke its head above the $2 mark once more! A surge of 20% in a week, you say? One might be forgiven for thinking the heavens themselves are aligning for a grand spectacle of financial… something. Market analysts, those tireless soothsayers of the digital age, are positively giddy, envisioning new all-time highs. One almost expects them to burst into spontaneous balalaika music. 🎻

Enter Maelius, an expert analyst of such renown that his every pronouncement on the social media platform X (formerly known as Twitter, or as I like to call it, the Digital Town Square of Unsubstantiated Opinions) is treated as gospel. He proclaims a bullish outlook! One shudders to think what bearishness from such an oracle might entail. 😨

XRP Price Could Target $10 In Conservative Case

Yet, amidst the revelry, a few souls remain skeptical. Naysayers, I tell you! Maelius, ever the diplomat, addresses their concerns with the gravitas of a seasoned borscht chef. “In a conservative case,” he declares, “XRP looks very bullish.” A conservative case! One trembles at the audacity of his optimism. 🤪

Historically, XRP has shown a peculiar fondness for the 50-week Exponential Moving Average (EMA), like a moth to a flickering gas lamp. Recently, it touched this EMA and bounced back! A sign, surely, of impending riches for all! Or perhaps just a statistical anomaly. 🤔

In his social media update, Maelius unveils two possible futures for XRP: a conservative one, and a base one (presumably less conservative). In the conservative scenario, XRP has completed its Wave 3 (W3) of a larger Elliott Wave cycle and is now, most delicately, finalizing Wave 4. This, dear readers, implies that XRP could then waltz into a Wave 5, aiming for a princely sum of $10. A paltry amount, some might say, but we are being conservative, after all. 🙄

The expert assigns a 35% probability to this! A mere 35%! Such precision! He notes that price and Relative Strength Index (RSI) shenanigans indicate a potential base formation around current levels before the grand ascent to new highs later in the year. One can almost hear the distant trumpets. 🎺

Maelius’s more optimistic scenario suggests that the top of Wave 3 may not have been reached yet! The suspense is unbearable! He points out that the accumulation phase for XRP has been longer than in previous cycles, hinting that the market is simply taking its sweet time. Like a babushka choosing tomatoes at the market. 🍅

In this case, the final W5 could extend into the first or second quarter of the next year, with targets ranging from $15 to $20 or higher! Riches beyond imagination! One might even afford a second-hand Lada. 🚗

Can Dominance Translate To Price Gains?

Beyond mere price analysis, Maelius delves into the token’s market dominance, which, as we all know, indicates the token’s share within the broader cryptocurrency market. A crucial metric, indeed! Like knowing how many kopeks are in a ruble. 🪙

The expert notes that while the token’s dominance has been preparing for a final upward move, this does not necessarily correlate with the XRP price reaching new highs. A sobering thought! One might be rich in dominance, yet poor in actual rubles. 😥

The dominance metric, as seen in the image below, suggests that while XRP might underperform relative to other altcoins, it still has the potential for significant price appreciation. A small consolation prize, perhaps, but a prize nonetheless! 🎁

The 1-week RSI for the token’s dominance is currently in an uptrend and resting on horizontal support. If this support level fails, a diagonal support line could provide the next level of defense. A precarious situation, indeed! Like a Cossack dancing on a tightrope. 🪢

Historically, XRP’s dominance has experienced two major impulses during previous cycles, each reaching notable resistance areas. However, Maelius cautions that the growing size of the market makes it increasingly challenging for any single asset to achieve the same peaks as in prior cycles. A sobering reminder that even the mightiest oak can be felled by the smallest beaver. 🌳🦫

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2025-04-16 14:12