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<p><strong>Notable market analyst and crypto YouTuber DustyBC predicts that XRP could see a massive surge, potentially rallying 4,000% to reach $30.</strong></p><h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>DustyBC believes that a “God candle” on the weekly chart is imminent as XRP struggles around the $0.52 level. According to the analyst, XRP has been trading within a multi-year symmetrical triangle on the weekly chart, indicating a significant move could be on the horizon.</p><h2 id="header-1">DustyBC Predicts Major XRP Breakout</h2><p>The symmetrical triangle, which formed after XRP collapsed from its $3.31 all-time high in January 2018, has both resisted higher price moves and defended against steeper drops. As a result, XRP has been <a href="https://cryptosheadlines.com/franklin-templeton-sets-record-low-fee-for-bitcoin-etf/" rel="noopener noreferrer nofollow">recording lower highs and higher lows</a> since January 2018, creating a prolonged period of consolidation.</p><p>Symmetrical triangles typically appear when the market is indecisive, leading to extended consolidations. These formations often precede breakouts, which can either result in an upward spike or a downward spiral.</p><p>Currently, XRP is tilting toward the lower trendline of this triangle, having recently retested it after dropping to $0.4235 in early April. Despite recovering from this low, XRP remains at the lower end of the symmetrical triangle. However, DustyBC believes that a breakout to the upside is more likely.</p><h2 id="header-2">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><blockquote>IF THIS HAPPENS FOR <a href="https://twitter.com/search?q&#61;%24XRP&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> I&#39;M QUITTING EVERYTHING! <a href="https://t.co/3EvlJZ7TIE" rel="noopener noreferrer nofollow">pic.twitter.com/3EvlJZ7TIE</a>— DustyBC Crypto (&#64;TheDustyBC) <a href="https://twitter.com/TheDustyBC/status/1797365822752739338?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">June 2, 2024</a></blockquote><h2 id="header-3">XRP Forecasted to Surge to $30 Amid Rising Volume</h2><p>DustyBC predicts that XRP is likely to breach the upper trendline around the $0.75 mark, anticipating a breakout that could lead to the formation of a weekly God candle. Similar candles in the past have triggered significant spikes, such as a 112% surge from $0.6354 to $1.3506 witnessed in late March to early April 2021.</p><p><a href="https://cryptosheadlines.com/metamask-users-await-coin-launch/" rel="noopener noreferrer nofollow">Also Read:   MetaMask Users Await Coin Launch</a></p><p>According to DustyBC’s projection, this upcoming God candle could propel XRP to spike by 4,000%, <a href="https://cryptosheadlines.com/dogwifhat-reaches-all-time-high-after-binance-listing/" rel="noopener noreferrer nofollow">reaching a new all-time</a> high of $30.75. Such a milestone could potentially elevate <a href="https://cryptosheadlines.com/xrp-market-cap-eyes-50b-avax-and-eldg-sustain-popularity/" rel="noopener noreferrer nofollow">XRP’s market cap</a> to $1.7 trillion, assuming its circulating supply remains stable.</p><p>Meanwhile, XRP has seen a modest 1.2% increase to its current price of $0.5222 amidst rising volume and a notable surge in exchange withdrawals, based on Coinglass data. Over the last 24 hours, the combined spot volume on major exchanges like Binance, Bybit, Coinbase, and OKX has risen to $191 million, while investors have withdrawn $6.7 million from these platforms.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/06/cryptosheadlines2-3.png?resize&#61;640%2C335&amp;ssl&#61;1" /></p><p>XRP Volume and Exchange Netflow. Source: Coinglass</p><p>This combination of increased trading volume and reduced exchange reserves suggests a decline in selling pressure. Bullish sentiment may strengthen further if XRP manages to surpass recent highs around $0.57, potentially setting the stage for a rally towards $0.60 as <a href="https://cryptosheadlines.com/xrp-breaks-6-year-triangle-analyst-aims-for-3-5/" rel="noopener noreferrer nofollow">XRP aims to break out above its current consolidation triangle</a>.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

Analyst Predicts XRP to Surge 4000% Aim to $30

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