The current uptrend of XRP is believed to be in its early stages, according to a market analyst. Despite ongoing market challenges, XRP has performed impressively, rising 283% in November and maintaining strength in December with a 19% gain. The analyst compares XRP's current price action to its rally in 2017, predicting a similar outcome. In 2017, XRP experienced a breakout from consolidation and eventually reached an all-time high of $3.3. The analyst suggests that XRP may achieve new all-time highs in the coming months. If XRP follows its 2017 fractal, it could enter a sustained bullish phase with significant upside potential, potentially reaching targets of $11 or $27.
- Content Editor ( thecryptobasic.com )
- 2024-12-13
Analyst Predicts Massive Boom For XRP, Says XRP Rally Has Barely Begun