šš Could XRP See a Bullish Run Like in 2017? Analyst Weigh In
š XRP Set for Major Breakout
Crypto analyst Javon Marks highlighted XRP's unusual trends, predicting a significant rise. He pointed to RSI patterns showing a bullish breakout from a 7-year Pennant Pattern, potentially leading to a rally similar to its 2017-2018 surge.
š Mixed Sentiments on XRPās Future
While some XRP enthusiasts see hope for a strong upward movement, others are skeptical. Some users on X believe XRPās best days are behind it, suggesting Dogecoin could surpass XRP in market cap, and advising holders to seek higher-performing assets.
š $XRP Consolidating at $0.54
XRP is currently trading around $0.5416, consolidating over the past week. Marksā forecast aligns with this phase, though itās uncertain if the breakout will be as dramatic as anticipated.
š¦ Grayscale's Role in XRPās Future
Grayscale is pushing to convert its $520 million Digital Large Cap Fund, which includes XRP, into a spot ETF. If approved, this could boost XRPās institutional demand and improve its price performance.
