$XRP $XLM XRP and XLM May Explode: Analyst

Will the XRP Rally Deliver?

Charting Guy's recent tweet has made waves, stating that investors in XRP and XLM will soon experience "melting faces" as he identifies a potential $13 move. This provocative statement underscores his confidence in the impending upswing he foresees for these cryptocurrencies.

His analysis suggests an uptrend for XRP and XLM, despite the prevailing market skepticism and prolonged periods of consolidation. While some market participants have labeled these assets "dead coins" due to their lackluster performance over the past few years, Charting Guy remains unfazed, instead focusing on technical indicators and chart patterns.

Potential breakout imminent?

According to the analyst's research, XRP and XLM have shown symmetrical triangle patterns that signal a potential breakout opportunity. These patterns, which have formed over the course of six years, are among the largest formations Charting Guy has encountered and indicate significant potential for price movement.

His forecasts suggest a breakout target for XRP in the $10-$13 range, implying significant gains of up to 2,000%. Charting Guy believes XLM could follow a similar trajectory and reach a target of $13.

Source: coinupdate.de