$XRP

#XRP (#Ripple ) Chart Analysis

Looking at the broader picture, XRP has broken out upward from the final stage of a triangular consolidation pattern. This price performance suggests that it has entered an uptrend. However, I don't expect XRP to break its previous highs just because it has exited the consolidation phase.

I have seen many similar charts, and while they often rise to a certain level, it's rare for them to reach new all-time highs.

From a bullish perspective, XRP appears to have completed its first wave, and it seems to be in the second wave now. While a major upward move is expected after this second wave, I believe the correction is not yet over. As long as the price holds above $0.386, I consider the uptrend intact.

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