XRP and XLM have been predicted to surge to $13 after the formation of a symmetrical triangle similar to that of 2017-2018.
The analyst also believes that XRP has the potential to hit $38, but does not think this is possible in the current cycle.
Ripple’s XRP, in the past few hours, broke a crucial support level to trade below $0.6 amid the general market pullback. However, bulls appear to be resisting this downward trend as the price hovers around this critical zone. In the past 24 hours, the price of XRP has fallen by 2% in addition to a seven-day decline of 7% to trade at $0.599 at press time. Interestingly, its 24-hour trading volume is up by 75.9%, positioning the actual value at $1.9 billion.
According to technical analyst Charting Guy, XRP is poised to stage a daring bullish reversal that could send the price up by 2000%. XRP’s market sentiment is currently bearish with a neutral Trend Mean of 5. In the past six years, it has been in a consolidation phase together with
