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XRP Is Ready for a Huge Breakout. Expert Says Next Week Will Shock the World
In a recent tweet, crypto commentator Bark has sparked significant buzz in the community by forecasting a massive price surge for XRP. According to his analysis, the cryptocurrency is poised for a huge breakout, with a predicted target of $15.
Bark’s chart-based assessment centers around a clear bullish continuation pattern, which he identifies as a flag formation. This technical setup indicates a steep rise followed by a period of consolidation within parallel trendlines, culminating in a breakout that could propel the price to as high as $15.35562.
The expert’s projection is being closely monitored by the XRP community, particularly given the recent resolution of the long-standing lawsuit between Ripple and the SEC. Both parties have withdrawn their respective appeals, effectively bringing the case to a close. The conclusion reached in prior court decisions, which holds that XRP sales on public exchanges do not constitute securities transactions, has been interpreted as removing a significant regulatory uncertainty that has weighed heavily on the asset since the start of the legal proceedings.
The market implications of this development are far-reaching. Many traders and investors view the resolution as a catalyst for increased institutional and retail interest in XRP, potentially leading to a surge in price. While Bark’s analysis focuses on the technical setup, it is clear that market conditions can shift rapidly. Achieving such levels would depend on continued bullish momentum and broader market support.
Nonetheless, the combination of this chart pattern and the removal of regulatory uncertainty has reinforced optimism among certain XRP supporters.
Source: timestabloid.com
