XRP has been consolidating for nearly 200 days within a range of $1.90 to $2.90, leading to divided opinions among analysts regarding its next move. A chart from 2017 indicates a potential target between $3.70 and $10, with some speculating it could reach as high as $25. However, a bearish pattern could lead to a drop to $1.33. Since its significant surge of about 500% in November 2024, XRP/USD has been trading sideways, reflecting market indecision. Analysts like Mikybull Crypto note similarities between the current symmetrical triangle and the one preceding XRP's 2017 breakout. This triangle could lead to a breakout above $4, with a target of around $3.70. Additionally, GalaxyBTC highlights a long-term fractal suggesting a repeat of the 2017 breakout, which could result in a 1,300% rally. Conversely, an inverse cup-and-handle pattern may indicate a bearish reversal, potentially pushing XRP down to $1.33 if confirmed. Investors are advised to conduct their own research. Read more AI-generated news on: https://app.chaingpt.org/news

#XRP