The SuperTrend indicator on the 12-hour XRP chart has turned bullish.
The last time SuperTrend turned bullish, XRP rallied 470%.
Peter Brandt also expressed the possibility of XRP’s market cap soaring to $500 billion.
XRP, the third-largest digital asset by market cap, shows promising growth potential as the SuperTrend indicator turns bullish on the 12-hour chart. This tool identifies trends, helping investors determine whether an asset is in a bullish or bearish phase.
According to crypto analyst Ali Martinez, this signal is significant because the last bullish flip on XRP’s SuperTrend led to a 470% price surge. Based on this pattern, Martinez suggests XRP could reach $10 if the trend holds.
The last time the SuperTrend indicator flipped bullish on the 12-hour chart, $XRP went up 470%… It just flipped bullish again. 
pic.twitter.com/tqj40dO9nV
— Ali (@ali_charts) January 6, 2025
XRP Price Retests Support with a Potential $10 Target
At press time, XRP trades at $2.44, up 2.55% in the last 24 hours, with a market valuation of $140 billion. Over the past seven days, the altcoin rose by 18.41%, successfully retesting the $2 support level after hittin…
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