$XRP finally coils for breakout

After three months of tight consolidation and repeated rejections at the $1.45 to $1.47 resistance zone, $XRP is coiling for what analysts believe could be an explosive breakout.

After a brutal sell-off earlier in the year, $XRP has spent the last quarter tightly consolidatingHence, some analysts believe that a violent, volatile move is essentially imminent. Prominent cryptocurrency analyst “Dom” (@traderview2) has said that $XRP has been “going sideways for nearly 3 months now.”

According to the analyst, a decisive market acceptance above the $1.47 level could trigger a rapid upward surge (provided Bitcoin ($BTC) can actually supply the necessary bullish momentum for this to happen).

After a massive…