XRP Countdown: Is this the Final Week Before a 2017-Style Explosion as SEC Case Dismissal Hype Builds?
Main Idea
Technical analysts suggest XRP's current price trajectory mirrors its 2017 rally, potentially signaling a major breakout, while legal developments in the Ripple vs SEC case could impact XRP's future.
Key Points
1. Analyst Maxi suggests XRP's current chart resembles its 2017 setup, hinting at a possible explosive breakout with targets like $3.5, $5, $7, and $10.
2. Crypto analyst DonAlt notes parallels between XRP's current movement and its 2017 rally, predicting a potential 1,200% surge.
3. Egrag Crypto reinforces the pattern-based narrative by comparing XRP's current price movement to its 2017 fractal.
4. Lawyer Bill Morgan believes the SEC's remaining claims against Ripple may be dismissed, which could shift regulatory perspectives on digital assets.
5. A dismissal in the Ripple vs SEC case could validate Ripple and limit the SEC's influence over the crypto space, boosting XRP's bullish momentum.
Description
Is XRP Repeating Its 2017 Surge? A recent wave of technical analyses has reignited comparisons between XRP's current price trajectory and its extraordinary 2017 rally. Among the most provocative voices is an analyst known as Maxi, who raised the stakes by suggesting that if XRP's current chart continues to mirror the 2017 setup, we could be in “the final week before” an explosive breakout. Taking on X, formerly Twitter, Maxi noted , “XRP repeating 2017 if so we are in the final week before.” Bas...
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