🚀 Technical Analyst Predicts XRP to Break into Double Digits—"It's Inevitable"💥💰
A prominent cryptocurrency technical analyst has reignited bullish sentiment for XRP, claiming that a double-digit breakout is a matter of time, not speculation.
According to the analyst, XRP's long-term structure resembles the pattern seen before its 2017 breakout, characterized by months of consolidation followed by a parabolic rally. On the weekly chart, XRP is situated within a large symmetrical triangle, with shrinking volatility and consistently higher lows—a classic pattern for a macro breakout.
📈 Key Technical Insights:
Major Resistance: $2.94—the "firing line" confirming the breakout.
Next Target: $5.80 → $10.20 area if momentum and volume align.
On-chain Data: Increased wallet activity and accumulation by long-term holders indicate strong market confidence.
Analysts believe that with regulatory clarity, ETF inflows, and Ripple's foray into institutional payments, XRP's fundamentals will eventually align with its technical potential.
As one trader put it: "Price action doesn't lie. The chart is circling. Once it moves, it moves fast." ⚡
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