Crypto analyst "360 Trader" believes that the price of XRP is on the verge of a significant increase. This prediction is based on the observation of chart patterns, including a symmetrical triangle formation and an increase in trading volume. The critical resistance level of $0.65 is identified as a key price point to watch, and if XRP breaks above this level, it could trigger a substantial rally. The analyst notes that high trading volume during consolidation phases often precedes major price movements. Other market analysts share this bullish sentiment, with some expecting an eightfold return on XRP by next year. However, skepticism remains about XRP's prospects, as similar predictions have been made in the past without significant price changes.



Other News from Today