#xrp XRP bulls have regained control, fueled by news that the Securities and Exchange Commission (SEC) has closed its case against Ripple
This lawsuit has been a major factor that has restrained the price growth of XRP for years. Now that the legal battle has ended, analysts consider this a key catalyst for growth.
In particular, technical analyst Gert van Lagen sees the main bullish signal in the seven-year pattern of XRP, which indicates a breakout to $38
According to the analysis, XRP has successfully bounced off the neckline of a massive 'double bottom/ascending triangle' pattern, which historically precedes explosive rallies.
What do you think about this? Can the coin rise this much?
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