Top cryptocurrency analyst EGRAG CRYPTO has issued a significant analysis revealing crucial resistance levels for the XRP/BTC trading pair. According to EGRAG CRYPTO’s analysis, once the XRP/BTC pair breaches specific price points, it will mark the commencement of an official bull run.
In a tweet, EGRAG CRYPTO highlighted the historical significance of these resistance levels, emphasizing their impact on the XRP/BTC market dynamics. The analyst stated, “Since February 22nd, I’ve been highlighting that the official #Bullrun will kick in once #XRP / #BTC touches a specific point.”
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EGRAG CRYPTO’s Resistance Levels
The analyst identified the “First Major Resistance” level at 0.00001667. However, the pivotal point, dubbed the “Valhalla Gateway,” lies at 0.00002700. Consequently, once the XRP/BTC pair surpasses these critical thresholds, it could potentially trigger a sustained bull run.
EGRAG CRYPTO back his prediction based on historical analysis. In a previous tweet, the analyst explained, “Historical analysis suggests that the Whitish-green box is typically touched or wicked into, marking the start of a bull run. This pattern often serves as the official announcement for the #Bullrun.”
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Show more +Bullish Sentiment and Implications
The analyst’s insights have sparked anticipation within the XRP community, with EGRAG CRYPTO exuding confidence in the potential life-changing implications of a bull run. “The #XRP / #BTC chart is resonating with historical data, giving off strong shilling vibes,” Egrag stated, urging the “#XRPArmy” to “STAY STEADY, because #XRP is poised to change your life and the lives of your children’s children.”
As the XRP/BTC pair approaches the identified resistance levels, market participants will monitor the price movement, anticipating the potential onset of a significant bull run. With historical patterns and analysis backing EGRAG CRYPTO’s prediction, the crypto community awaits the events in the XRP/BTC market.
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