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XRP Price Forecast: Analyst Predicts Potential Price Surge Based on 2018 Pattern
ByAinvest
Wednesday, Jul 3, 2024 4:11 am ET1min read
Javon Marks observes a potential game-changing pattern in Ripple's XRP chart, reminiscent of its 2018 performance. A Symmetrical Triangle or Pennant Pattern, coupled with descending volume and a Hidden Bullish Divergence, suggests a continuation of the previous 110,000% uptrend. This technical analysis, combined with other bullish indicators, points to a possible explosive surge in XRP's price.
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