XRP has the potential to increase by 20% as it is positioned within an Ascending Channel and is creating a Golden Pocket. Analysts suggest that robust support and its position within a liquidity zone could push the price to $2.9. Additionally, XRP seems to be gearing up for a notable surge, with crypto specialist TehThomas indicating a possible price rise of 20-33%. The forecast relies on the appearance of a Golden Pocket formation along with the persistent development of an Ascending Channel pattern. As per the analyst on TradingView, XRP’s price is generating higher highs and higher lows on the 4-hour chart. In the past, this pattern appeared prior to a significant increase in prices. At present, this token is priced at $2.20 and clearly remains in a bullish territory. Source: TradingView. The appearance of the Golden Pocket amidst the o. 618 and the o. 65 levels strengthen the bullish signals. The analysts consider this region to be a possible support level, leading to a price rebound.
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