XRP Bullish Cross Playing Out Again: $9 Or $24 Next?

XRP experienced a bullish surge, reaching $3.65, driven by a bullish crossover of its 21 EMA and 55 SMA indicators. Historical data suggests this pattern precedes significant price rallies, with past instances resulting in massive gains. Based on these precedents, two price projections are offered: a conservative $9 target and a more bullish $24 target. These projections represent 1,500% and 4,000% increases respectively from recent lows. A temporary price correction followed the peak, testing the $3 support level. Another analyst, CasiTrades, supports the bullish outlook, identifying a potential start of a major third wave in an Elliott Wave count. CasiTrades notes XRP held above $3, establishing a new price floor. A break above $3.21 resistance could propel XRP towards $3.82, a potential new all-time high. Reaching $3.82 could further validate the more ambitious price projections. Currently, XRP trades around $3.17.