A popular angel investor and analyst believes that ongoing XRP price consolidation could be calm before the storm that could result in a parabolic move. He cited its strong technical formations and fundamental triggers that could push it higher if key conditions were met. Analyst Explains Key Conditions for XRP Price to Hit $10 XRP trades today at $2.3178, down by 31% from its highest point this year. In an X post, Dennis Liu, a well-known analyst who runs the VirtualBacon podcast, explains why he expects the Ripple coin to explode higher in the next three to six months. He cited the daily chart of the XRP/BTC pair, which, as shown below, has formed a rounded top pattern whose higher side is at 0.00003408 and the support is at 0.00002200. A drop below that support, which has already happened, will lead to more downside between 0.000017 and 0.000019. He believes… Read More at Coingape.com
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