Ripple (XRP) Eyes Multi-Year Highs if This Fourth Accumulation Pattern Holds True – Analyst

2023-11-22 19:30

Ripple (XRP) could be on the cusp of major upside targets between $4 and $470 if it follows through on bullish chart patterns that analyst CryptoBull details. After three previous extended consolidations erupted, a fourth in its late stage now may do the same.

CryptoBull notes XRP has formed a series of symmetrical triangle accumulation patterns that lasted multiple years before giving way to parabolic advances. In each case, Ripple broke out and climbed 200% to as much as 75,000% at the triangle apex.

XRP currently trades near the end of its fourth triangle after ranging tightly between $0.30 and $0.80 for the past year and a half. If the past proves a prelude, CryptoBull anticipates comparable upside fireworks ahead.

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Of course, chart-based projections only hold weight if key levels convincingly fail. But CryptoBull believes XRP’s readiness for takeoff is nearing its season if diagonal resistance gives way. Its multi-year coiling may soon unleash commensurate kinetic energy around the triangle’s long-awaited apex.

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The post Ripple (XRP) Eyes Multi-Year Highs if This Fourth Accumulation Pattern Holds True – Analyst appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 0.5535 (+0.54%)
Объем 24H $1.977b
Изменеия 24h: 3.77 %, 7d: 8.59 %
Cегодня L: $0.5389 - H: $0.5736
Капитализация $31.474b Rank 7
Цена в час новости $ 0.6115 (-9.48%)

ripple analyst fourth xrp chart previous extended

Источник: captainaltcoin.com

ripple analyst → Результатов: 126


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