XRP Target Could Be $15 If This Pattern Is In Play, Analyst Says 📈
An analyst, Ali Martinez, anticipates that XRP could aim for a $15 mark if its price breakout aligns with a Symmetrical Triangle pattern. This pattern occurs when an asset consolidates between converging trendlines, suggesting a potential breakout.
XRP was nearing the apex of a long-term Symmetrical Triangle last year, indicating potential for a breakout. Indeed, the recent bull rally saw the coin break above this pattern. Based on the triangle's height, a bullish target for XRP could be $15, reflecting a potential increase of over 500% from the current price.
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