XRP Chart Flashes Rare Pattern from 1,500% Rally
- A rare candle pattern has appeared on XRP’s chart that has twice led to massive rallies of 1,500% or more
- This comes as XRP’s Bollinger Bands are at their tightest since Nov. 2024, signaling imminent volatility
- The technical setup is supported by falling Bitcoin dominance, giving XRP more room to outperform
A rare technical pattern that has only appeared twice in XRP’s history and was followed by explosive rallies of 1,500% and 8,000% has just flashed again on the charts, according to a new analysis.
This development has put XRP back at the center of investor attention. The digital asset is already showing strong bullish momentum to this effect, currently trading around $2.40 with a 7-day rise of over 8%.
The 1,500% Historical Pattern Reappears
A well-followed market analyst, EGRAG CRYPTO, is highlighting a repeating three-month green candle pattern as a key bullish signal. According to his analysis, this pattern has only appeared twice before in XRP’s history. In both cases, a major rally followed.
In one instance, XRP consolidated for five months and then skyrocketed by 1500%. A similar setup today could drive prices toward the $10 mark by August …
The post XRP Chart Flashes Rare Pattern from 1,500% Rally appeared first on Coin Edition.
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XRP Chart Flashes Rare Pattern from 1,500% Rally
- A rare candle pattern has appeared on XRP’s chart that has twice led to massive rallies of 1,500% or more
- This comes as XRP’s Bollinger Bands are at their tightest since Nov. 2024, signaling imminent volatility
- The technical setup is supported by falling Bitcoin dominance, giving XRP more room to outperform
A rare technical pattern that has only appeared twice in XRP’s history and was followed by explosive rallies of 1,500% and 8,000% has just flashed again on the charts, according to a new analysis.
This development has put XRP back at the center of investor attention. The digital asset is already showing strong bullish momentum to this effect, currently trading around $2.40 with a 7-day rise of over 8%.
The 1,500% Historical Pattern Reappears
A well-followed market analyst, EGRAG CRYPTO, is highlighting a repeating three-month green candle pattern as a key bullish signal. According to his analysis, this pattern has only appeared twice before in XRP’s history. In both cases, a major rally followed.
In one instance, XRP consolidated for five months and then skyrocketed by 1500%. A similar setup today could drive prices toward the $10 mark by August …
The post XRP Chart Flashes Rare Pattern from 1,500% Rally appeared first on Coin Edition.
Read More
XRP Faces Major Correction Risk With Price Predicted to Hit $2.48