Crypto enthusiast Stedas has shared a chart highlighting a potential strong upward movement in XRP prices. The chart, based on daily price action against USDT on Binance, reveals XRP consolidating within a descending triangle pattern. 💰
The current price sits around $2.98 with clear support and resistance levels marked.
According to the chart, this consolidation could resolve with a breakout above the descending resistance line, indicating higher targets. Two specific levels are highlighted: $4.0190 and $4.4597. These figures represent significant potential gains from current prices. The higher target implies a move that would establish a new all-time high.
A bold yellow arrow on the chart emphasizes this decisive upward breakout. Daily volume, shown near 44.5 million units, reinforces the technical picture presented by Stedas. 📈
🚀Get ready for the coming XRP parabolic explosion! #XRP
The post is generating significant buzz in the community. Some predict prices will exceed $10. 💰 Others remain cautious regarding the term