bullish

2024

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Coin

<ul class="wp-block-list news-points">
 <li>XRP’s 7-year triangle pattern signals a possible major breakout soon.</li>
 <li>Key resistance at $0.80 could trigger an XRP surge to $1.30 or higher.</li>
 <li>Weekly chart indicates $0.65 as a pivotal resistance level.</li>
</ul>
XRP is at a pivotal point, signaling a potential major price shift according to Tony Edward, Founder of ThinkCryptoPod. Analyst CrediBULL Crypto observed XRP has been consolidating within a symmetrical triangle formation on its long-term chart for nearly seven years.
This pattern, characterized by tightening price movements, hints at an impending significant breakout. The bullish potential is palpable, as this consolidation phase could soon lead to a dramatic shift in <a href="https://coinedition.com/will-xrp-surge-again-after-the-bitcoin-halving/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">XRP’s </a>price trajectory.
<a href="https://coinedition.com/xrp-price-analysis-rsi-breakout-hints-at-potential-surge-analyst-says" rel="noopener noreferrer nofollow">Read also: XRP Price Analysis: RSI Breakout Hints at Potential Surge, Analyst Says</a>
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 Haters gonna hate but the charts showing positive signs for <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/IndUT76tly" target="_blank" rel="noopener noreferrer nofollow">https://t.co/IndUT76tly</a>— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) <a href="https://twitter.com/ThinkingCrypto1/status/1836037800715571657?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 17, 2024</a>
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On the monthly chart, XRP’s price action has been confined within a triangle, showcasing periods of lower highs and higher lows. This pattern is not just a sign of consolidation but a precursor to a major price movem…
The post <a href="https://coinedition.com/xrp-nears-breakout-7-year-triangle-formation-signals-potential-surge/" rel="noopener noreferrer nofollow">XRP Nears Breakout: 7-Year Triangle Formation Signals Potential Surge</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Nears Breakout: 7-Year Triangle Formation Signals Potential Surge

Coin Edition

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