$XRP appears to be on the cusp of a significant breakout, with a history that suggests a pattern of accumulation over the past seven years. Despite a lackluster price performance recently, the underlying charts suggest a powerful buildup of positive factors. Should historical patterns hold true, one might anticipate a sharp downward spikeâakin to a monster wickâprior to a decisive upward trend. Such a movement is expected to coincide with the SECâs decision. However, any potential downturn is predicted to be ephemeral, quickly giving way to a substantial rally, driven by XRPâs practical utility. The focus remains on the assetâs inherent value.
Here are the key levels Iâm watching.