XRP, the cryptocurrency, has been experiencing volatility in the market recently due to bearish trends triggered by statements from the Federal Reserve. However, a notable market watcher believes that XRP is poised for a major breakout. The market commentator points to a symmetrical triangle formation on the chart, suggesting that XRP may be completing its correction phase. The commentator expects this structure to resolve within the next week and anticipates XRP to reach a new all-time high of $6 shortly after the breakout. Additionally, the commentator draws parallels between XRP's current trajectory and its historic 2017 rally, predicting that XRP could reach $6.28 by the end of December 2024 and $40 by the end of January 2025.



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