Crypto Analyst Identifies Multi-Year XRP Pattern with $40 Ultimate Target 📈
Market analyst EGRAG Crypto has identified a significant W pattern formation in the XRP price chart, which has developed across several years of market cycles. This technical indicator suggests that XRP might experience substantial upward movement from its current trading price of around $2.21.
The W pattern began to take shape after XRP hit its peak in January 2018 at a price of $3.8. Completing this pattern indicates a strong potential for further growth in the XRP market, possibly targeting an ultimate price of $40.
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