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Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10
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Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10

XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside. As the price continues to break below support levels, one analyst whose earlier outlook preceded a major XRP rally says the cryptocurrency may be approaching a bottom for another accumulation phase. Analyst Points To A New Accumulation Phase XRP’s recent price action has seen many analysts projecting a bottom where the decline might end. However, a technical analysis of XRP’s price action on the 2-week candlestick timeframe chart, which was posted on the social media platform X, frames the current XRP price action as an entry into an accumulation zone. Related Reading: XRP Price Falls Below $1.6: You Won’t Believe What Institutions Are Doing Amid The Crash According to the analysis, XRP has now corrected roughly 58% from its recent peak, placing it directly inside what he calls the first accumulation zone between $1.50 and $1.30. The outlook by Crypto Patel is that this area is not about catching an exact bottom but about building exposure gradually as the price stabilizes. Based on this, the analyst predicted that XRP’s decline will bottom somewhere between $1.5 and $1.3, and this is a great time to start buying slowly at these levels. However, Patel’s outlook also accounts for a deeper drawdown scenario. Should XRP lose the $1.30 region, then the next focus is in a secondary accumulation band between $0.90 and $0.70. Nonetheless, a move into that lower range would still not invalidate the bullish thesis. Instead, it would represent what he describes as the best long-term accumulation opportunity for maximum profits. The $10 Target Is Still In Play XRP’s current price action is a far stretch from reaching $10, and that target seems out of reach at the moment. However, despite adopting a near-term caution, many analysts have not changed their long-term projections. Related Reading: XRP’s 173-Day Theory: What Happens If This Historical Trend Plays Out Again Patel, for example, noted that his long-term target is $10. Although the $10 target remains the same, the analyst noted that buying at $3 or $2 is not ideal since there are opportunities for entries at $1.50-$1 during hard dips for much bigger returns. To support his confidence, Patel pointed back to his previous cycle call, where he shared an XRP setup around $0.50 during the last bear market. That setup preceded a rally to $3.66, delivering gains of over 600%. XRP’s price action in the past 24 hours is characterized by a crash from an intraday high of $1.44 to an intraday low of $1.14. The cryptocurrency is now back to trading at $1.30 at the time of writing, 670% away from reaching the $10 price target. Featured image from Getty Images, chart from Tradingview.com

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Adopting digitalisation and creating smart vessels are now financially viable and deliver rapid returns, says Columbia Group
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Adopting digitalisation and creating smart vessels are now financially viable and deliver rapid returns, says Columbia Group

The cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a financially viable and operationally compelling option for shipowners and managers, according to Columbia Group. Speaking at a Capital Link conference in Athens this week, Mark O’Neil, President and CEO of Columbia Group, said one of the biggest barriers to digital ...

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German industry still struggling to put better order books to work
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German industry still struggling to put better order books to work

That’s a clear setback against too much optimism – German industrial production dropped by 1.9 month-on-month in December, from a downwardly revised 0.2% MoM in November. The December drop was mainly driven by weaker production in the automotive and manufacturing industries. Also, don’t forget that industrial data in December is often blurred by the Christmas ...

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UNCTAD: The mirage of global economic resilience
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UNCTAD: The mirage of global economic resilience

As we enter 2026, the world economy looks remarkably resilient. According to the UN World Economic Situation and Prospects 2026, global output expanded by 2.8% in 2025 and growth is expected to ease slightly to 2.7% this year. For a period marked by shocks and shifting trade winds, this is no small feat. Despite rising trade frictions, elevated policy uncertainty, ...

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Myelofibrosis Clinical Trials Outlook: Competitive Intelligence, Regulatory Progress, Emerging Therapies, Mechanisms of Action, and Administration Pathways - DelveInsight
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Myelofibrosis Clinical Trials Outlook: Competitive Intelligence, Regulatory Progress, Emerging Therapies, Mechanisms of Action, and Administration Pathways - DelveInsight

Myelofibrosis Companies include Incyte, Keros Therapeutics, Karyopharm Therapeutics, Celgene, PharmaEssentia, Novartis, SecuraBio, Pharmaxis, AstraZeneca, Cellenkos, Jacobio Pharmaceuticals, Geron Corporation, AbbVie, Sierra Oncology, Galecto Biotech, Kartos Therapeutics, Menarini Group, Telios Pharma, MorphoSys, Roche, and others.DelveInsight's latest report, "Myelofibrosis Pipeline Insight" delivers

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Accomplished Enterprise Sales Executive Darius McGrew Details How Sales Experience Shapes Effective IT Leadership
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Accomplished Enterprise Sales Executive Darius McGrew Details How Sales Experience Shapes Effective IT Leadership

Drawing on enterprise sales experience in Tampa, Florida, Darius McGrew explains how sales-driven discipline, risk awareness and communication skills translate into effective IT leadership in today's complex business environments.Image: https://www.globalnewslines.com/uploads/2026/02/a7dee1141d04a255cac5658b740be633.jpgAs organizations place growing responsibility on technology leaders to manage business

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China: Energy independence set to improve
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China: Energy independence set to improve

China’s energy self-sufficiency rate is on track to reach 84.6 percent this year, as the country intensifies efforts to insulate its economy from global supply volatility, according to a report released by a think tank recently. The outlook follows a strong performance in 2025, where domestic output reached approximately 5.2 billion metric tons, resulting in ...

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