XRP Nears Breakout: 7-Year Triangle Formation Signals Potential Surge

Quick Summary:

Analyst CrediBULL Crypto observed XRP has been consolidating within a symmetrical triangle formation on its long-term chart for nearly seven years.

XRP is at a pivotal point, signaling a potential major price shift according to Tony Edward, Founder of ThinkCryptoPod.

This pattern, characterized by tightening price movements, hints at an impending significant breakout.

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: Cryptocurrency XRP News News Market News Market Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 06:45:00 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 111 words

Reading Time: 1 minutes read

Sentences: 54 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22576037

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

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Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

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