Hello everyone, for weeks I have been seeing articles from various analysis experts who talk about a bullish triangle at #xrp that promises a great bullish projection and that $XRP is reaching the end of the formation of that triangle.
I will tell you about that triangle, I recently wrote this article --> Analysis of xrp which we talked about several symmetric triangles and their possible interpretation,
But this major triangle, as I have called it, has been forming for more than 6 years and its real forecast does not exceed more than $4 dollars. That represents a 600% projection. That is, a possible gain of 600% in the short term.

If not, the projection is very encouraging. If that's what you think let me tell you that it is a very good projected return, comparing it to bitcoin which has already returned 350% since it began its bull run, it is an excellent return.
As everyone already knows, #xrp has fallen too far behind and I still cannot understand how a currency with such great utility has such a low price.
We are only looking at the technical analysis and a price reflected on a chart. But the fundamental information tells a completely different story, I have been analyzing this cryptocurrency for several months and I think that xrp should have a real value of between $150 and $200 at least to be able to fulfill its function. (This is a personal opinion).
Some say that xrp must have a value between $3,500 and $25,000 to be able to meet its demands or large transactions from the largest banks in the world. Nothing rules out that it will be able to reach that value in the coming years.
However, Ripple does not stop making contracts and contracts in several countries without this news affecting its price.
The SEC lawsuit represents a big wall, and many claim that is the main reason why its price is so low.
Personally, I believe that the triangle will be nothing more than a mere price reaction and that it could be one of the triggers to begin its long-awaited upward trend.
xrp has been in an accumulation zone for many weeks with several attempts to break the price upwards.

When an accumulation zone has been stagnant for a long time, we can say in the analysis that there will be an explosion in price in either direction up or down. So take your precautions.
There is a lot of information to think that xrp is undervalued, and that its real value is not reflected in the price, a product of the pessimistic sentiment of the market.
"Don't take this as a recommendation, do your own research and analysis. I'm buying hard."