A rare candle pattern has appeared on XRP’s chart that has twice led to massive rallies of 1,500% or more
This comes as XRP’s Bollinger Bands are at their tightest since Nov. 2024, signaling imminent volatility
The technical setup is supported by falling Bitcoin dominance, giving XRP more room to outperform
A rare technical pattern that has only appeared twice in XRP’s history and was followed by explosive rallies of 1,500% and 8,000% has just flashed again on the charts, according to a new analysis.
This development has put XRP back at the center of investor attention. The digital asset is already showing strong bullish momentum to this effect, currently trading around $2.40 with a 7-day rise of over 8%.
The 1,500% Historical Pattern Reappears
A well-followed market analyst, EGRAG CRYPTO, is highlighting a repeating three-month green candle pattern as a key bullish signal. According to his analysis, this pattern has only appeared twice before in XRP’s history. In both cases, a major rally followed.
In one instance, XRP consolidated for five months and then skyrocketed by 1500%. A similar setup today could drive prices toward the $10 mark by August …
The post XRP Chart Flashes Rare Pattern from 1,500% Rally appeared first on Coin Edition.