XRP Analyst Marks XDC For 3,350% Take-Off As Bullish Metrics Emerge

Egrag Crypto, a well-known XRP analyst, has shifted his attention to the XDC altcoin, predicting a potential surge of up to 3,350% as bullish metrics emerge. The analyst believes that XDC will rally to $1 and then easily surge to $2, citing the altcoin's chart as looking "amazing". He notes that the RGB indicators perfectly align with the XDC token, suggesting a potential 10x pump. The XDC price surge is expected to target the Fibonacci levels between 1.414 and 1.618, rallying to between $0.50 and $0.80. The analyst expects XDC to replicate its previous cycle's blow-off top, when the token soared by 3,350%, potentially surging to the $2 target. The Stochastic Relative Strength Index is also waving bullish signals, indicating that the momentum is on the bulls' side. However, the analyst also provides a bearish angle, warning that if the 21 Exponential Moving Average crosses below the 33 Moving Average, it could turn super bearish. Despite this, he believes that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. From a fundamental perspective, XDC's outlook also looks bullish, with the network joining the MiCA alliance and committing to compliance, transparency, and building long-term trust. The XDC price is currently trading at around $0.07, up over 1% in the last 24 hours, according to data from CoinMarketCap.