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Analyst Reiterates $26.6 XRP Price Prediction, Says Expect the Unexpected
Cryptocurrency analyst Cryptobilbuwoo0 has reiterated a long-standing XRP price target, emphasizing that the $26.60 level, which he publicly forecasted over a year ago, is now receiving broader recognition among technical analysts.
Warning on Market Volatility and Timing
In the accompanying message, the analyst issued a cautionary note regarding the risks associated with mass profit-taking at a commonly expected price level. He suggested that if a majority of investors execute sell orders at the $26.60 range, it could lead to a sharp drop in XRPâs price, followed potentially by a rapid and unpredictable rebound. He termed this type of reversal as one that could occur âOvernight,â suggesting that the transition could be sudden and disruptive.
