The XRP price recently surged to a three-year high of $1.6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price. Related Reading: Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend There are basically two ways the XRP price can go from here: either a continued move upwards or a notable correction. An in-between is a consolidation pattern. CrediBULL Crypto shared his insights on the potential paths the altcoin might take next. Using the Elliott Wave Theory, he highlighted two scenarios that could shape XRP’s near-term future. What’s The Next Path For XRP Price? According to CrediBULL Crypto, XRP’s recent rally exhibits a textbook example of a five-wave impulsive move, complete with clearly identifiable subwaves. This pattern confirms that the cryptocurrency has likely reached its absolute bottom at the November low of $0.49, which is a strong foundation for its current upward trend. The impulsive wave structure suggests that the crypto is at a ..
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