Crypto analyst Ali Martinez highlights XRP's potential to rise by 470% as per SuperTrend indicator analysis. Previously, such a bullish flip led to a massive surge for XRP, hinting at exciting times ahead. Martinez notes how the SuperTrend, a tool using Average True Range (ATR), signals possible uptrends or downtrends with its position on the price chart.
The last time it flipped bullish on the 12-hour chart, XRP soared from $0.50 to $2.90. The indicator recently turned bullish again, suggesting a possible repetition. XRP's weekly chart bullish setup further supports this, bouncing off the $1.96 support.
The price now eyes upward movement above key Fibonacci levels. Historical patterns indicate targeting a staggering $13.80 if a 470% increase occurs again. Keep watching!
