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<ul>
 <li>Crypto market continues its slow and steady sideways pace.</li>
 <li>Analysts observe bullish signs printing on many altcoin price charts.</li>
 <li>XRP seems to be building up to a significant price spike in the coming months.</li>
</ul>
<p>As the crypto market moves in a steady sideways pace, the price of Bitcoin (BTC) has dipped towards the $55,000 region. Many expect Bitcoin and altcoins to slowly move towards bullish directions in the coming months.&nbsp;</p>
<p>In particular, seasoned analysts and traders have already begun to find that some altcoins are printing bullish signs. Thus, taking a closer look at these altcoins’ price charts, analysts are setting new expectations in altcoin prices for the coming months.&nbsp;</p>
<p>To highlight, one crypto chart enthusiast shares a big observation for Ripple’s XRP. Specifically, he says that <a href="https://ripple.com/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> is one day away from fulfilling a falling wedge pattern that has taken over 6 years and 7 months to form.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> is one day away from fulfilling this wedge that has taken just over 6 years and 7 months!!!<br><br>PLACE YOUR BETS <a href="https://t.co/1bSylcvi16" rel="noopener noreferrer nofollow">pic.twitter.com/1bSylcvi16</a></p>— <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;">BLOCK BULL <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TheBlockBull) <a href="https://twitter.com/TheBlockBull/status/1810048015903952996?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 7, 2024</a>
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<p>According to this observation, the final day should complete the falling wedge pattern. Having taken years to form this pattern, it is expected that an <a href="https://cryptonewsland.com/analyst-predicts-xrp-could-surge-to-16-89/" target="_blank" rel="noopener noreferrer nofollow">explosive price surge</a> will follow for <a href="https://cryptonewsland.com/xrp-repeats-a-familiar-pattern/" target="_blank" rel="noopener noreferrer nofollow">XRP once this formation</a> is complete.&nbsp;</p>
<p>Responses to the post above and the analysts observations are all quite bullish and encouraging. In fact, many agree with his expectations and believe green lines will arrive for XRP soon, all moving towards the upside.&nbsp;</p>
<p>Similarly, another analyst shares his expectations for XRP price as well. He goes on to share XRP’s next move as he sees it, which is that primary waves on the chart are complete and is leading towards a leading diagonal building up to a third wave.&nbsp;</p>
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   <p lang="en" dir="ltr">XRP – Next moves<br><br>Chart –<br>From the low ( Bottom centre ) <br>Primary waves 1 and 2 complete<br>Within Primary wave 1 was Intermediate waves ABC as a leading diagonal<br>Primary wave 2 was a complex Intermediate WXY double zigzag and now looks complete<br>Working on Primary wave 3… <a href="https://t.co/iyXjj0FU2G" rel="noopener noreferrer nofollow">https://t.co/iyXjj0FU2G</a> <a href="https://t.co/DyvWva6xpM" rel="noopener noreferrer nofollow">pic.twitter.com/DyvWva6xpM</a></p>— Paul Webborn (@PWebborn) <a href="https://twitter.com/PWebborn/status/1810013373058449631?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 7, 2024</a>
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<p>He concludes by setting up two targets for XRP which are $1,43 to $2.08. This is indeed a bullish sign for <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> and the analyst commends the patience that XRP traders have to finally make their gains from this asset.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/cardano-set-for-major-breakout-analyst-spots-bullish-falling-wedge/" rel="noopener noreferrer nofollow">Cardano Set for Major Breakout? Analyst Spots Bullish Falling Wedge</a></li>
 <li><a href="https://cryptonewsland.com/all-eyes-now-on-bitcoin-as-bearish-wedge-comes-into-play/" rel="noopener noreferrer nofollow">All Eyes Now on Bitcoin as Bearish Wedge Comes Into Play</a></li>
 <li><a href="https://cryptonewsland.com/xrps-sideways-consolidation-nears-completion-potential-rally-expected-ahead/" rel="noopener noreferrer nofollow">XRP’s Sideways Consolidation Nears Completion: Potential Rally Expected Ahead</a></li>
 <li><a href="https://cryptonewsland.com/shiba-inus-positive-trend-is-0-000012-within-reach/" rel="noopener noreferrer nofollow">Shiba Inu’s Positive Trend: Is $0.000012 Within Reach?</a></li>
 <li><a href="https://cryptonewsland.com/cake-tokens-path-to-4-bullish-signals-in-a-volatile-crypto-market/" rel="noopener noreferrer nofollow">CAKE Token’s Path to $4: Bullish Signals in a Volatile Crypto Market</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/xrp-analyst-expects-over-340-surge/" rel="noopener noreferrer nofollow">XRP Analyst Expects Over 340% Surge as XRP Nears Completion of Massive Wedge Pattern Over 6 Years</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP Analyst Expects Over 340% Surge as XRP Nears Completion of Massive Wedge Pattern Over 6 Years

Crypto News Land

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