XRP Bullish Prediction: Could Be Like 2017-2018 Big Surge
In recent days, Ripple coin $XRP has become one of the most talked about altcoins in the crypto market. Based on predictions from Javon Marks, a popular crypto analyst, XRP seems to be on the verge of a major bullish move.
According to Marks, the confirmed Relative Strength Index (RSI) pattern indicates a potential bullish breakout from the Pennant Pattern that has been forming for almost 7 years.
This breakout is predicted to produce a movement similar to XRP's dynamic surge in 2017-2018.
"The confirmed RSI pattern shows a potential bullish breakout from the Pennant pattern that has been forming for almost seven years. This bullish movement could be similar to XRP's rally in 2017-2018," Javon Marks said in a tweet.
This optimistic analysis has sparked various responses on the X platform (formerly Twitter). Some users support Marks' bullish XRP prediction and remain optimistic about XRP's potential, while others are skeptical.
One X user who supported this optimistic view commented that XRP still has great potential in the future, especially after going through some regulatory challenges that Ripple has faced.
However, there are also more pessimistic voices. One X user who uses an anonymous account name even expressed his belief that XRP will lose its place in the top crypto coin ranks.
He said that Dogecoin, which is also one of the popular altcoins, will most likely surpass XRP in market cap during this crypto market cycle.
"Dogecoin will surpass XRP in market cap permanently this cycle, and I also believe XRP will no longer be one of the top 10 coins. If you own XRP, you should cut your losses and find a better performing asset," said one skeptical X user.
Whether XRP will return to its glory days like in 2017-2018, or will be replaced by other altcoins like Dogecoin, is still a hot topic of debate among crypto investors.
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