XRP’s Pattern Suggests Short-Term Pullback, But Long-Term Potential Remains

Analysis suggests a potential pullback for XRP as it nears resistance near Point #2. Technical indicators indicate an 80% probability of short-term rejection before a sustained breakout towards $0.64-$0.83 occurs. This pattern aligns with past price cycles, potentially mirroring the previous 89-day phase. However, experts suggest that XRP is currently in a preparatory phase, completing multiple touchpoints before confirming a strong bullish surge. The market should focus on the completion of this pattern rather than reacting to short-term fluctuations.