CryptoBull dey forecast say XRP go rally reach $7–$8 for di coming weeks
Crypto analyst CryptoBull (@CryptoBull2020) dey see say XRP fit more than double go $7–$8 inside weeks. Him technical analysis show say e get months-long rounded bottom from January go reach August, finish with symmetrical triangle pattern near $3 level for daily Bitstamp chart. XRP dey trade above e rising 200-day moving average, wey dey support bullish continuation idea. If e breakout confirm pass top trendline of the triangle, better if volume dey rise, e go target old highs and fit push am go $7–$8 zone based on measured-move logic. Key risk na if e close daily under the triangle lower boundary and 200-day average, dis go mean the bullish setup no valid again. Traders suppose dey watch for clear breakout sign and volume confirmation, plus hold strict risk control around $3 support area.
Bullish
CryptoBull talk na e get firm bullish pattern: e get like round bottom wey lead enter symmetrical triangle wey dey above 200-day MA. From history, asset wey break out from consolidation pattern like dis wit volume dey usually get target wey pass twice their consolidation peak. Di tight time frame and di exact target of $7–$8 show say dem sure sey short-term momentum get power, dis one na bullish catalyst. If e close daily pass di upper trendline of di triangle with more turnover, XRP fit see buying wey go speed up, like di previous breakouts for Bitcoin and Ethereum. But if e fall below di lower boundary of di triangle, dis setup go fail. Overall, di news dey bullish as e show clear entry points, risk limits, and clear upside target.