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Title: XRP on the Cusp of Breakout, Analyst Predicts $5-$8 Target After Correction
XRP has been trading in a tight range over the past few weeks, frustrating many investors who had hoped to see significant gains. However, according to some market analysts, this sideways movement may be about to come to an end.
In a recent article published on Times Tabloid, it was reported that XRP is poised for a breakout. The analyst who made this prediction notes that the token’s current correction could lead to a significant surge in value once it reaches its target zone of $5-$8.
The analyst believes that XRP has been trading within a larger wedge pattern and that there are strong signs that a bullish break out is imminent. This would not be the first time that such an event has occurred, as Ripple’s XRP has been known to exhibit this type of price action in the past.
However, before we can expect the token to hit its target zone, it must first correct itself.
Source: https://timestabloid.com/xrp-on-the-cusp-of-breakout-analyst-predicts-5-8-target-after-correction/
