XRP Price Action Echoes 2024 Rally Setup Amid Accumulation Window

XRP's price action has been hinting at a repetition of its 2024-style rally. However, every time signals appear, they don't materialize into an actual rally.

A recent analysis by AMBCrypto highlighted that XRP's leverage flush echoed the 2024 setup. The current price action is aligning with this signal, indicating a potential breakout.

The 2024-style rally started with a final bull trap and a capitulation and accumulation window before an explosive rally. If history repeats itself, XRP could exceed $4 by year-end.

Currently, XRP is trading in a sideways market between $1.0301 and $1.1556 on the 4-hour chart. The MA Cross hints at further decline as social sentiment weakens, but the RSI Divergence has printed bullish signals.