XRP Price Prediction: Triangle Breakout Fit Hit $8-$10
Analyst JackTheRippler talk say XRP price fit break out from symmetrical triangle pattern for daily chart. E dey trade between $2.50 and $3.50 for Bitstamp, now e dey at $3.04. Technical analysis talk say if e fit break above resistance sharp sharp, e fit make price jump go $8-$10, wey be more than double for current level. This XRP price prediction follow JackTheRippler earlier call wey state $0.10, and community still dey bullish. Traders suppose dey watch volume plus overall crypto trading trends, because market adoption and investor optimism na wetin go confirm this breakout.
Bullish
JackTheRippler analysis don identify converging symmetrical triangle pattern wey dey come before strong XRP price rallies before. For example, one similar daily triangle for end of 2020 cause 60% surge for early 2021. Him $8-$10 target mean say e get more than 160% upside from current $3.04 level, e fit attract momentum and breakout traders. For short term, if dem confirm breakout pass $3.50 resistance, e fit trigger rapid buying and more volatility. For long term, broader market sentiment and how real people dey use XRP go decide if e go continue grow. Overall technical indicators and community optimism dey show say market fit go bullish.