Ripple XRP Price Could Surge 200% to $6.5: Crypto Analyst
The price of Ripple’s XRP might soon be in for a large price surge, with analysts forecasting a potential leap to $6.5, almost a 200% rise from its current position.
New technical indications and the bullish trend of Bitcoin are putting analysts and traders on high alert for XRP’s next direction.
A crypto analyst by the Cryptarch_ on TradingView has posted a detailed chart indicating that XRP is creating a Descending Triangle, which typically precedes significant breakouts.
He also indicated a shift in the RSI (Relative Strength Index), which had been declining for months but has now begun to rise. This indicates momentum is turning in favor of buyers, indicating a potential bullish trend.
Cryptarch_ has posted a trading plan: buy XRP…
