XRP Eyeing Explosive Move In Next Few Months, Research Shows 💥
XRP recently dropped below $3, trading at $2.73, indicating a potential upcoming explosive move, according to Sistine Research. The pattern of compressed price action could lead to a significant breakout.
Market analysts are watching for liquidity gaps that could trigger sudden price movements. Historical data shows that compression phases have preceded major price hikes, such as the hundred-fold rise in early 2017.
Analyst Matt Hughes forecasts potential targets as high as $26.63, invigorating bullish sentiment, though skeptics warn of inherent risks. Egrag Crypto highlights historical patterns indicating similar setups for previous rallies, suggesting traders focus on the $2.95 support level.
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