XRP Price Sees Rare Chart Pattern Pointing to $11 Breakout
XRP's price is currently sitting at a crucial support zone, and analysts believe that holding onto this level could set off a strong rally to $11. This prediction comes from a rare chart pattern in XRP's history, where one price swing tends to match the length of an earlier one.
The chart suggests that XRP may have already completed two legs of a bigger pattern, and if a third leg is now forming, it could move the same distance as the first one. This math points almost exactly to $11.
To stay on track for this bullish breakout, XRP needs to hold onto the $1.10 to $1.38 zone. If it breaks or if the bounce looks weak and choppy instead of strong and structured, a bigger pullback becomes more likely.