XRP, the cryptocurrency that has been consolidating for an extended period, is now under the analytical spotlight. Technical analyst Joe Mitoshi has identified a significant bullish coil pattern on the XRP Ichimoku Cloud, using the Gann Fan to highlight critical targets to watch for in the coming weeks.

The Gann Fan Analysis

According to Mitoshi’s analysis, XRP is showing an unusually long bullish coil.&middot

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