XRP’s ‘Generational’ Setup? Analyst Targets $8, $13, and $30

XRP fell on Friday from about $1.30 to a multi-month low of $1.19 before rebounding to $1.25 during a market-wide sell-off prompted by the Binance hack. Analyst EGRAG CRYPTO said reclaiming $1.65 on the monthly chart could open targets of $8, $13, and $30, with XRP trading between the 33-month moving average as resistance and the 77-month moving average as support. He cited prior accumulation phases in 2014, 2017, 2020, and 2023 that were each followed by gains above 500%, while acknowledging history does not guarantee repeats. Analyst CasiTrades said XRP’s technical structure had weakened before the hack news, with repeated lower-trendline tests since October 24 and altcoins in corrective Wave 2 structures.