An XRP analyst has highlighted a historical fractal pattern suggesting a potential breakout for XRP above $10, possibly targeting $16.15. This analysis comes from an XRP supporter, ‘LUDXRP,’ through a detailed chart analysis on X (formerly Twitter).
The fractal pattern indicated significant upward movement for XRP, with multiple resistance levels like $2.8, $4.1, $7.6, and $12.7 crucial for this possible rally. The analyst notes that if XRP maintains the trend within the fractal, it could see substantial increases.
Another analyst, ‘Charting Guy,’ expressed optimism about XRP's future, anticipating a "face-melting" rally by Christmas and late January. This optimism is based on historical bullish trends from 2017 and current fractals rather than Fibonacci levels.
Expected events, such as Donald Trump's inauguration day and Christmas hype, are projected to influence XRP's price. ‘Charting Guy’ predicts strong green weeks until December 30, driven by positive market sentiments.
