𝗫𝗥𝗣 𝗧𝗮𝗿𝗴𝗲𝘁𝗶𝗻𝗴 $𝟭𝟱? 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗦𝗲𝗲𝘀 𝗕𝗶𝗴 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗖𝗼𝗺𝗶𝗻𝗴
⬛ XRP Bullish Momentum Building
• Analysts turn bullish on XRP’s outlook for May
• Market sentiment improving among traders & investors
• Potential rally to new highs in sight
⬛ Analyst Ali_Charts Predicts $15 Target
• Ali_Charts (on X) highlights a symmetrical triangle pattern
• Pattern forming since 2018
• Breakout could trigger a 6x price surge
• Analyst sees XRP aiming for $15 in the coming weeks
Source Tweet
⬛ What is a Symmetrical Triangle?
• A neutral pattern seen during price consolidation
• Signals possible breakout or breakdown
• In XRP’s case, bullish bias due to rising buying pressure
• Still, risk of reversal remains if momentum weakens
⬛ Fundamentals Also Turning Positive
• SEC settlement talks nearing conclusion
• Legal clarity could benefit both Ripple & XRP
• Positive sentiment reinforced by regulatory progress
⬛ Key Technical Signals Support Rally
• SuperTrend flashed bullish — first time since March
• Low exchange inflows — signals holding sentiment
• XRP inching towards $3 resistance
⬛ XRP Outperforming Bitcoin & Altcoins
• Weekly gains exceed 11%
• 2nd best-performing altcoin after Ethereum last week
• Current price: $2.52
• Trading volume surged to $8.4 billion
⬛ XRP Bulls Watching Key Levels
• Short-term: $3 breakout
• Mid-term target: $15 if bullish pattern confirms
• Watch for volume spikes & SEC settlement news