XRP’s current price action mirrors a pattern from its history—could we see a rally of 5x?

A unique XRP price configuration indicates that the cryptocurrency could soon surpass its all-time high. Developments in the XRP and XRPL ecosystem are also contributing to a promising price setup. Supporters of XRP are hopeful for a possible 221.6x increase in the coin’s value, bolstered by positive technical signals. The Moving Average Convergence Divergence (MACD) and the Stochastic Relative Strength Index (SRSI) reflect previous bullish trends. Is it possible for XRP to replicate these historical patterns? In a recent post on X, crypto analyst JD observed that XRP saw a fivefold rise over the course of two months, marking the last occasion when both the MACD and SRSI indicators turned positive at the same time. The analyst believes that XRP could reach a new record high if the SRSI remains above 217.3. In the last instance, XRP was at 229.6 within a period of 28.9 months when the date was set to 22025. The MACD indicator has shifted to green, showing a value of 88.9. The SRSI has risen above 2825 (indicated by the green line). *Wow*!. We’ve just made it across! If SRSI remains above 217 in the upcoming closes, I anticipate a breakout to reach an all-time high!

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