Wealth advisor Mickle says a parabolic pump is closer than ever for XRP.
He believes that investors can still get in early for XRP despite the recent 40% pump.
He says $10 XRP is still not close to how high XRP price will go in the long-run.
The crypto market has gone green with Bitcoin (BTC) and other major altcoins and memecoins surging quickly. Alongside Bitcoin, VeChain, JASMY, FLOKI, and XRP are among the few cryptocurrencies that are soaring.
According to CoinMarketCap analytics, the price of XRP is up by almost 40% in the last 7 days alone. What’s more exciting is the fact that many analysts expect another roaring price spike for XRP and that this 40% pump is just the beginning.
To highlight the magnitude of this incoming price pump, one analyst draws parallels between XRP’s 2013-2017 price chart to explain what XRP holders and crypto traders can expect from XRP price over the coming weeks and months.
People have no idea what's coming. pic.twitter.com/4I2YjpgHqu
— mickle (@xrpmickle) July 16, 2024
As we can see from the video post above, wealth advisor mickle, shares a detailed explanation. In particular, mickle finds that the currency chart is a near identical copy of what happened between 2013-2017.
First, he acknowledges all the ups and downs over the last few months and years. Despite the many dips, the price of XRP has always recovered dramatically. Cliff falls and slow sideways movements have always led to a recovery, yet the pump XRP made in 2017 is yet to occur.
Mickle says that this massive price pump could come out of nowhere and will happen rapidly. So far, the XRP Army has been steadily holding for years. Last year, XRP missed the cycle pump because of Ripple’s lawsuit with the SEC.
Presently, Ripple is on the verge of victoriously closing the case against the SEC. While some old XRP holders have jumped ship, many have accumulated an incredible amount of XRP and mickle expects a parabolic pump to happen soon.
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The post XRP Surges 40%, Wealth Advisor Finds Repeating Historic Pattern Mirroring 2017 ATH, Parabolic Pump Imminent appeared first on Crypto News Land.
