According to the insights from two renowned crypto analysts, Charting Guy and Tony, XRP is on the verge of a big price move in the fast-moving world of cryptocurrency. The two experts have identified convincing patterns and technical signals pointing to a positive price trend for XRP.
Charting Guy, a popular name in the crypto analysis circle, has just explained his findings in a post on platform X. He pointed out a specific fractal pattern from 2017 that XRP seems to be emulating perfectly. The pattern indicates a potential “big move soon” for Ripple, according to the analyst and a price target of around $5 further confirms this. 13, representing a significant possible rise from the current stage.
Precision and Momentum In XRP’s Bullish Signals
The technical aspect, Charting Guy revealed that the stated fractal update is “zoomed in” and is still “spot on” pointing out that his confidence in the forecast was well-founded. Such exactitude with the past behavior of markets is often regarded as a very good indicator of what will happen from now on in the volatile crypto markets.
Providing the bullish view, another well-known analyst, Tony “The Bull” Severino, shared his evaluation, centering on LMACD (long-term Moving Average Convergence Divergence) for XRP. His analysis showed that the LMACD is set to diverge higher, a technical signal that usually emerges prior to strong upward price moves. This diversion above the zero line mentioned by Tony would put Ripple coin in what he calls “overdrive”, which is characterized by fast and strong growth.
Consequently, both analysts’ views align towards the bullish outlook for XRP as is suggested by the technically proven signals that a bullish run is indeed in the offing. They are guiding lights for investors and speculators within the crypto community, who normally depend on expert analysis to maneuver through the volatile moves of the cryptocurrency markets.
Experts from the crypto community provide an interesting story to watch for those involved in or interested in investing in XRP. Key technical indicators are now in line, and XRP is all set to have one of its biggest growth periods in a long time.