ChartNerd Predicts XRP Price Surge of Up to $27 on Supply Shock

ChartNerd’s analysis suggests a potential rally for XRP, predicting the price could surge as high as $27. This prediction is based on the crypto asset’s historical patterns and an anticipated ‘supply shock’. The analysts believe that limited XRP tokens available could drive significant price increases upon increasing demand. ChartNerd highlights that recent XRP price movement resembles a familiar pattern from 2017, where a similar rally to $27 occurred after a long consolidation period.