XRP, known as the third-largest altcoin by market cap, is showing signs of a significant price increase. The altcoin is on the verge of a breakout, supported by favorable technical indicators.
According to the analysis shared by the trader Crypto Hamster, XRP is positioned to embark on a potential 100% price surge. This prediction is based on the formation of a bullish pennant pattern that has been observed.
Such patterns are typically strong indicators of upward price movements, marking a possible exciting period for XRP investors if the expected breakout occurs.
