XRP surprised many as it rallied over 85% since early 2023, handily outpacing Bitcoin’s gains. And according to some crypto analysts, the party may just be getting started. An approaching “golden cross” chart pattern could propel XRP into parabolic growth territory, projections indicate.
Keypoints
- Analysts are predicting a potential “golden cross” chart pattern for XRP, which could signal a bullish trend and parabolic price increase
- Short-term predictions see XRP possibly rising to $0.88 by New Year’s Eve
- Positive overall crypto market conditions support potential XRP growth, with assets like BTC and ETH seeing yearly highs
- On-chain metrics like high daily XRP transactions and growing number of XRP wallets also indicate potential for gains
- A whale recently dumped over 42 million XRP, sparking speculation of a potential pullback to $0.60
Analyst JD spies a forthcoming golden cross for the Ripple-created…
