Crypto Michael Warns of
Crypto Michael, a trader known for accurately calling XRP's breakout in 2024, is sounding the alarm for bulls once again. In a recent post on X, he hinted at a fresh chart setup, but kept the details private, only sharing a tantalizing message: 'get ready for green. A lot of green.'
The trader's bullish stance dates back to 2024, when he highlighted a seven-year bull pennant in XRP, predicting a significant breakout. This pattern eventually broke higher during the November 2024 rally, with XRP pushing through $1 and climbing above $3.
Crypto Michael also revealed in July 2024 that he bought XRP after years of sideways price action, arguing that widespread selling and investor capitulation had created the kind of setup he had been waiting for.
With XRP now trading above $1.50, the question is whether Michael's latest update is pointing to another explosive move or simply another round of crypto-market hype.