XRP Investors Warned: Current Price Level May Precede Historic Rally
XRP investors are being cautioned not to sell their holdings due to a chart structure that closely mirrors the one preceding its all-time high.
Crypto analyst Crypto Fergani shared a warning, stating 'DO NOT SELL YOUR XRP HERE!'
The chart shows two separate ascending support trendlines on XRP's monthly price history. The first trendline ran from 2014 through 2018 and the second began in 2018.
XRP's price interaction with each trendline follows the same sequence: a creation point, then three successive retests before a major rally.