With the optimistic sentiment still ruling the cryptocurrency sector, crypto technical analysts have observed that the chart patterns of some of its assets are displaying signs of possible ‘face-melting’ rallies in the near future, in particular those of XRP and Stellar lumens (XLM).
As it happens, pseudonymous crypto market analyst Charting Guy has recently pointed out that the “2 coins that have traded sideways or as some say, ‘done nothing’ for 6 years” would “melt faces very soon,” as he explained in an X thread published on March 27.
Indeed, the expert stressed that both “have been consolidating with higher lows, but also lower highs,” forming a symmetrical triangle pattern, which are the “biggest ones I’ve ever seen and their apexes are rather close,” citing his colleague Coins Kid who said that “compression leads to expansion.”
XRP price prediction
Specifically, Charting Guy noted that XRP, the token at the center of the court standoff
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