XRP Price On The Brink: This 10-Year Trendline Could Lead To A 4000% Surge

XRP Price On The Brink: This 10-Year Trendline Could Lead To A 4000% Surge
Crypto analyst Jaydee recently highlighted a historical pattern that suggests that the XRP price could experience a parabolic move soon enough. If history is anything to go by, XRP is believed to have the potential to see a 4,000% surge when this pattern finally forms. XRP Price Testing 10-Year Trendline Jaydee revealed in an X (formerly Twitter) post that the XRP price was currently testing a 10-year trendline. This move is significant as the analyst noted that XRP saw a 39x and 650x increase in its price the last two times this trendline was tested. Specifically, the 650x increase came in 2017, which happened to be a notable year for XRP. Related Reading: Bitcoin, Solana Take Center Stage In $721 Million In Institutional Inflows Several analysts have referred to 2017 in their XRP analysis, suggesting that 2024 could mirror it in some way. In fact, Jaydee had alluded to 2017 in one of his previous XRP analyses, where he noted that a symmetrical triangle that formed then had returned to the charts. He suggested that the bullish pattern could trigger another ..

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