XRP’s current price pattern resembles what preceded its last bull run, signaling a potential sharp advance once the consolidation resolves. This pattern suggests supply is gradually being absorbed and buyers are gaining control. CryptoBull identifies $11 as the next major target for XRP, a price level historically associated with strong reactions. A breach could significantly shift market sentiment.
CryptoBull also highlights $70 as a long-term target, based on the energy build-up during the accumulation phase. The analysis suggests price movements could exceed expectations once a breakout occurs, reflecting strong market momentum. Bearish risks remain as XRP’s price is not in a clear downtrend but oscillates within a range, signaling market indecision that could lead to directional expansion. The risk for bears increases if the lower support level holds.
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