Some technical analysts are expecting XRP to rise to 14 USD, equivalent to an increase of more than 530% from the current level, if the bullish pennant pattern breaks out to the upside.
This pattern was seen in 2017, before the price of XRP skyrocketed over 1,300% to an all-time high around 3.40 USD.
Analyst Mikybull Crypto commented: “I have seen this scenario before – the 2017 atmosphere is coming back.”
