The $XRP price has been moving within a narrow bandwidth for months, but according to technical analysts, that will soon be over. On X, several experts point to a crucial turning point that could send #XRP to new record highs.
XRP price nears end of consolidation phase
According to technical analyst Steph Is Crypto, XRP is completing a symmetrical triangle, a pattern that often precedes major price movements. The trend lines in his chart, which have been getting closer together since January, point to an approaching breakout. According to him, that could send XRP towards a price of $4.20.
CasiTrades, another well-known analyst, also sees the symmetrical pattern and predicts a breakout before June 16. If XRP manages to break the trendline, Steph expects thatโฆ
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