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XRP price chart signals ‘conservative’ $38 target – what’s next?
Ripple’s (XRP) victory against the US Securities and Exchange Commission (SEC) has sparked a new wave of enthusiasm among investors, with many predicting that this could be the start of a major bull run for the asset. However, according to recent data, it seems like XRP is more likely to hit a ‘conservative’ target of $38 before the next significant move.
The technical analysis provided by popular crypto analyst Gert van Lagen highlights a seven-year-old pattern that could be indicative of an imminent breakout. Van Lagen notes that a similar pattern emerged between 2014 and 2017, which ultimately triggered a parabolic breakout and saw XRP double in value.
Source: https://www.crypto-news-flash.com/xrp-signals-conservative-38-target/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-signals-conservative-38-target
