Analyst Steph predicts XRP could soon breach its all-time high, potentially reaching $5.
XRP’s Bollinger Bands signal a major breakout, with past patterns showing explosive surges.
Bitcoin’s dominance decline creates favorable conditions for XRP and other altcoins.
XRP’s recent price dip to $1.97 rattled the market. Still, a swift recovery to $2.37 boosts hopes for a major breakout.
According to market analyst Steph, XRP holders are in for gains. He has cited the potential to see the cryptocurrency soar beyond its all-time high soon, potentially making loyal XRP holders “the richest” crypto investors.
Steph’s Analysis: XRP Holders Poised for Wealth
Steph’s analysis highlights the current state of the Bollinger Bands on XRP’s 4-hour and 12-hour charts. It shows the Bands are tightening again, a pattern often indicative of an imminent price movement. He references November’s jump, when a similar squeeze triggered a 490% rally.
Given these past movements, Steph believes the expanding Bands are a clear signal that XRP could be primed for another major breakout. “This could be the start of something big,” he notes.
Bullish Flag Pat…
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