Crypto analysts such as Mikybull Crypto have also analyzed the XRP chart and hold bullish views on the cryptocurrency; Mikybull Crypto recently stated that the cryptocurrency is about to break a six-year consolidation triangle, which he believes will lead to "huge sustained growth.
(Daily Telegraph article)
Crypto analyst #Alex Clay also claims that #XRP is breaking out of the symmetrical triangle that has been consolidating for years. The analyst predicts that after such a strong breakout, the #cryptocurrency could rise to $3 in the long term.
the XRP Relative Strength Index (RSI) also paints a bullish outlook for the cryptocurrency. Cryptocurrency analyst Nico said that the RSI "looks very good at 44.31.
He added that if XRP can maintain this momentum, it will "skyrocket to the moon.
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