XRP

$XRP Explosion After Re-Accumulation.

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XRP has been strengthening in a horizontal consolidation pattern for quite some time.

The $3.32 region, which was the 2017 peak, was retested on the monthly chart and rejected.

This level was a significant resistance area in the past, but it is now a pivot point that could potentially open the door to a new parabolic rise.

Major support at $1.99, staying above this level confirms the bullish reversal of the structure.
The momentum indicator is in an area where it could move upward.

This table may signal the awakening of a giant that has been silent for a long time.
Emerging from the re-accumulation phase is not always without surprises.

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