##SECCryptoAccounting #Memecoins #ETHETFS #๐ฅ๐ฅ๐ฅ XRP Set For Major Upswing: Top Analyst Reveals Timing For $10-$20 Price Milestone
XRP, the digital asset affiliated with #Ripple๐ฐ , has been ensnared in a prolonged period of consolidation, oscillating within the $0.300 to $0.600 range for the past seven years.
Although there was a fleeting surge during the 2021 bull market, catapulting XRP to a three-year peak of $1.90 in April, the token has since retreated to its familiar range, lacking the bullish momentum to breach upper resistance levels.
Nevertheless, some crypto analysts are now foreseeing a significant uptrend for XRP in the upcoming months, potentially ushering it to unprecedented heights.
Analysts Envision XRP's Breakout
- A technical analyst known by the moniker "U-COPY" on the social media platform X (previously Twitter) suggests that XRP may undergo substantial movement between May 15 and August.
- U-COPY highlights that XRP has been gradually ascending from its recent low at $0.46 and is edging closer to the culmination of a prolonged triangle formation, which has been consolidating since 2018#ETHETFS