The post Analyst Predicts 50% XRP Rally If Bullish Pattern Breaks – Details appeared on BitcoinEthereumNews.com.

XRP is finally gaining traction after days of struggling below the $0.60 supply level. This newfound momentum is reigniting hope among investors and analysts who have been waiting for the altcoin to break out of its prolonged consolidation phase.  XRP begins to show signs of strength, and market participants are closely watching to see if the price can maintain this upward trend and challenge higher supply levels in the coming weeks. Prominent crypto analyst Carl Runefelt has recently shared an optimistic prediction for the altcoin, reflecting the broader market’s expectations of a significant price appreciation rally. According to Runefelt, XRP’s recent breakout could be the beginning of a more substantial move that could lead to the altcoin revisiting key resistance levels last seen earlier this year. With renewed optimism building, many are speculating whether this surge will finally allow the price to catch up with the broader crypto market’s gains. As the price hovers around crucial levels, all eyes are on XRP to see if it can sustain its upward momentum and push through the barriers ahead. A successful breakout could set the stage for a strong rally, signaling a potential trend reversal and a new phase of growth for the digital asset. XRP Ready To Reach $0.90 XRP is currently trading at a crucial level of supply that must be broken for the altcoin to reach higher prices and keep pace with the broader market’s gains.  As positive sentiment spreads across the crypto market, traders and investors are eagerly searching for promising opportunities, and XRP’s price action has caught their attention. A strong breakout from this level could signal the beginning of a new rally, driving XRP to new highs and potentially reigniting interest in the asset. Prominent analyst Carl Runefelt recently shared a technical analysis on X, focusing…

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Filed under: News - @ September 29, 2024 3:08 pm