The article states that despite a recent crash in the altcoin market, XRP is still considered strong in the long-term. Although a short-term recovery is uncertain, the overall outlook for Ripple is bullish based on technical analysis. XRP has broken an 8-year old pattern, suggesting a positive future for the token. The article also mentions that based on theoretical forecasting methods, the price of XRP could potentially reach $200 and even surpass that based on Ripple's 8-year chart pattern.
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