XRP, the popular cryptocurrency known for its volatility, is once again at the center of bullish predictions. A pseudonymous analyst, known as “Ahm,” believes XRP is on the verge of a significant price discovery phase. Ahm’s analysis is grounded in the formation of a multi-year pennant pattern, coupled with the principles of Elliott Wave theory, which together suggest that XRP could be poised for a breakout towards $5-$6.·
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