XRP’s Rally Is a Natural Course
Egrag pointed users to a valid X analysis from December 2023, projecting a massive XRP price rally. The commentary highlighted the token’s price development within a giant cup in the stratosphere on the monthly timeframe while leveraging an inverted chart.
The chart shows that XRP entered the space after its January 2018 all-time high of $3.55. While it attempted to break down from the stratosphere with its April 2021 peak of $1.96, dwindling momentum and prevalent regulatory clouds around the XRP ecosystem prevented the outburst.
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