If XRP breaks above the triangle’s upper trend line, then control might be taken over by the bulls, pushing up the price to new highs.#XRP Breakout Incomin XRP price has been consolidating within a symmetrical triangle since 2018 signaling a potential breakout With strong support around $0.38 and increasing volume 2024 could be the year for a significant upward move Keep an eye on XRP big things could be ahead pic.twitter.com/5MsehzASG6 — xaif.03 🇮🇳 (@xaif_03) August 10, 2024 While some, like analyst Xaif.03, expect a rise to $100, that is a bit far-fetching at this point without more concrete evidence.
The 2023 bullish wave was just a minor wave compared to bull-market proportions.“Wave 1” of a much bigger… pic.twitter.com/15LWLOxPcp — Alan Santana (@lamatrades1111) August 10, 2024 Based on his prognosis, if the XRP 2022 bear market is followed by its recovery year in 2023, it paves the way for accumulation in 2024.
Currently, XRP is trending… pic.twitter.com/AH5AddwVTu — Cryptorphic (@Cryptorphic1) August 9, 2024 Related Reading: Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says Another analyst, Cryptorphic has also reiterated some of the resistance levels that the altcoin need to break out so as not fall further down in value.
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