$XRP price is about to skyrocket, get ready for a big surge!
Veteran trader Peter Brandt has spoken, stating that XRP's price is primed and ready for a spectacular parabolic rise! This is not a small affair; it’s a real major movement!
Mr. Brandt mentioned that XRP is currently like a massive spring, tightly compressed and just waiting for that moment of release. He has observed that XRP is forming a super bullish pattern, which indicates that XRP's price is set to experience a surge that matches its strength.
Moreover, XRP's fundamentals are also incredibly strong. For instance, if SEC Chairman Gary Gensler really resigns, the lawsuit against XRP could be resolved quickly. Whenever there is any news regarding Gary Gensler, XRP's price shoots up, and it recently broke the $1 mark!
In addition to these good news, from a technical analysis perspective, XRP is on a strong upward trend. It has already surpassed the high point of 2023, which occurred when the judge ruled that XRP is not a security. Now, as long as XRP can push a bit harder to break through the 2021 high, it is truly set to take off!
Mr. Brandt also stated that once XRP breaks $1.6, that parabolic rise will indeed be on its way. Just look at those XRP whales; they are actively accumulating, having recently purchased over $500 million worth of tokens.
Additionally, there’s a cryptocurrency analyst named Dark Defender, who has made predictions about XRP's price movements based on Elliott Wave analysis. He said that XRP has completed the first wave of increase and is now experiencing a slight pullback.
However, after this slight pullback, XRP might rise again, and there’s even a possibility of breaking the 2021 high, leading to that exhilarating parabolic surge!
Recently, I plan to position myself for a potential coin that is ready to explode; doubling the investment should be quite simple. I am also preparing to find some potential coins to hold until the end of the year, expecting a space for over 10 times gain is not a problem. If you want to keep up, like + leave a comment for free sharing.
