CandleFocus XRP Price “Ready to Roll”? Analyst’s Chart Sparks Debate Over $15 Target
2025-02-13
Author: Content Editor
Crypto market players are speculating on XRP after a chart by top analyst Ali Martinez revealed a symmetrical triangle pattern that could indicate a potential rally to $15. However, the breakout will depend on the SEC approving a spot XRP ETF. Bloomberg analyst James Seyffart reported an increased probability of the SEC acknowledging Grayscale's filing for an XRP ETF, which could lead to institutional inflow and a significant rally. Technical indicators show a downward trend for XRP, but the Accumulation/Distribution line suggests underlying buying pressure.
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