The XRP price is gearing up for another bullish move upward, as a crypto analyst has predicted a 20% surge in the near future. This optimistic forecast is backed by the formation of a key technical pattern called the Golden Pocket and indicators including strong support levels and a critical resistance zone. Golden Pocket Signals XRP Price Surge According to TradingView analyst TehThomas, the XRP price is currently trading within a well-defined Ascending Channel, setting the stage for a potential 20% move upwards. In the 4-hour time frame, XRP has continued to respect this Ascending Channel, forming higher highs and higher lows — a key indicator of a sustained uptrend. Related Reading: XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible Interestingly, the most notable development in XRP’s price action is the appearance of a Golden Pocket on its chart. A Golden Pocket is a key Fibonacci retracement area that is often used to identify potential support and resistance levels. It represents a complete trend reversal for a cryptocurrency and a possibility of an agg ..
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