Ripple (XRP) appears to be on the brink of a significant breakout as its consolidation phase continues. Analysts are drawing parallels to the cryptocurrency's extraordinary rally in 2017, which saw gains of up to 72,000%.
The price of XRP is slowly climbing, and traders are strategically positioning themselves to capitalize on any major price shift. A symmetrical triangle pattern is forming, suggesting that a sharp move is imminent, which could lead to significant price action.
If the current pattern plays out as expected, XRP may experience a price surge reminiscent of its historic ascent seven years ago, which caught the attention of the crypto community worldwide.
Source: www.thecoinrepublic.com ↗