🚨 $XRP Triggers Major Bullish Signal—Bulls Getting Ready! 🚀

A powerful bullish indicator has reappeared on XRP’s chart, signaling a potential major move. According to crypto analyst Ali Martinez, this same pattern previously led to a 630% surge in XRP earlier in 2024 — and it’s flashing again.

This signal comes from the Market Value to Realized Value (MVRV) ratio, which just formed a Golden Cross—a historically strong bullish setup. Martinez’s latest analysis on X highlights this cross, where the orange MVRV line pushes above the 200-day Moving Average (red), which in the past marked the beginning of a massive rally.

Currently trading at $3.43, XRP had briefly surged past $3.50 before pulling back 3.8%, per CoinMarketCap. Despite the dip, momentum remains strong following months of consolidation above $2.

If history repeats, XRP could be setting up for a multi-month uptrend. Some analysts in the crypto community are even forecasting a 541% rise, taking XRP to $22 based on this signal.

Crypto expert Shawn Mark adds that XRP appears to have broken out of a multi-year Symmetrical Triangle, a setup strikingly similar to the one seen before its explosive 2017 bull run.

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