Carl

Moon

when

Coin

<ul class="news-points">
 <li><strong>Market participants await XRP’s breakout from a six-year symmetrical triangle.</strong></li>
 <li><strong>Analyst Alex Clay predicts mid-term targets of $1.258 and $1.57 for XRP.</strong></li>
 <li><strong>Some analysts argue that XRP could reach $200 upon a successful breakout</strong></li>
</ul>
<p>Crypto market participants eagerly anticipate when XRP will finally break free from its prolonged downtrend and enter a full-scale bull trend as the broader crypto market gradually gains momentum this bull season.</p>
<p>Carl “The Moon,” a widely followed crypto commentator, recently ignited this discussion about XRP’s pattern. He pointed out that XRP has been trading within a massive symmetrical triangle for over four years and questioned when it might break out.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> has been trading within this giant symmetrical triangle for +4 years! <br><br>The question is, when will it break out? <a href="https://t.co/hsPr4NLNbm" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/hsPr4NLNbm</a></p>— The Moon (@TheMoonCarl) <a href="https://twitter.com/TheMoonCarl/status/1815990524777464248?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2024</a>
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<p>Indeed, XRP’s candlestick patterns, since its all-time high, have formed a giant symmetrical triangle configuration, with the current price at the lower end of the triangle. Notably, XRP reached its $3.84 all-time high back in January 2018. However, since then, the asset has been on a downward spi…</p>
<p>The post <a href="https://coinedition.com/xrp-price-targets-3-20-or-even-200-analysts-explore-the-possibilities/" rel="noopener noreferrer nofollow">XRP Price Targets: $3, $20, or Even $200? Analysts Explore the Possibilities</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

XRP Price Targets: $3, $20, or Even $200? Analysts Explore the Possibilities

Coin Edition

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