Ripple’s XRP Coiling Pattern Points Towards Potential Price Surge

A coiling pattern is emerging in Ripple’s XRP, indicating possible significant price volatility. This pattern comes after months of consolidation and repeated testing of key resistance levels. Key figures like Ripple CEO Brad Garlinghouse and CTO David Schwartz are closely watching developments. Analysts predict a price surge if this pressure breaks through. This follows periods of intense market scrutiny following the SEC litigation and recent settlements. Key indicators suggest that XRP prices could see a sharp increase due to increased institutional participation.