XRP Breakout: Could It Skyrocket To $100? Analysts Share Their Predictions
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Crypto enthusiasts are closely monitoring XRP as it shows a symmetrical triangle pattern, signaling a potential big move. Analysts believe that breaking the upper trend line could lead to a significant price increase. However, some experts argue that the market might also move sideways for some time.
The price of XRP is currently around $0.57, a crucial support level, with volumes picking up. Analysts like Alan Santana suggest an accumulation phase is ongoing, preceded possibly by a major price spike in 2024-2025.
Skeptics caution that the pattern may not work, pointing to resistance levels the coin needs to break. Despite mixed predictions, XRP remains a focal point for many market observers.
Source: www.newsbtc.com ↗
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