Ripple (XRPUSD) has been trading within a 5-year Channel Up since the March 2020 COVID flash crash. That COVID bottom initiated the first Bullish Leg of XRP, which was the previous Cycle's Bull run.
XRP has started the second Bullish Leg after the July 2024 Channel Up bottom and since basically December, the market has been under heavy volatility, entering a consolidation period similar to December - March 2021.
That was XRP's last accumulation phase before the 2021 Cycle Top. The 1W RSI patterns between the two Bullish Leg fractals are also similar, indicating that even though the current Bullish Leg has been more aggressive since November 2024, it is being harmonized now inside the parabolic growth Channel.
We expect a symmetrical +1668% rise in total for this Bullish Leg, similar to 2021, with our Target being marginally lower at $6.000, expecting it within July - October 2025.
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