XRP Has Formed the Golden Entry. Analyst Says This Is Final Chance to Get Rich
Main Idea
Crypto analyst Steph Is Crypto highlights XRP's current price pattern as a 'Golden Entry' opportunity, comparing it to its 2017 breakout that led to exponential gains.
Key Points
1. Analyst Steph Is Crypto compares XRP's current price structure to its late 2017 pattern, which preceded a surge from sub-cent levels to over $3.3.
2. The 'Golden Entry' is described as a strategic accumulation point before a potential rapid price ascent, similar to the 2017 breakout.
3. Steph suggests XRP may be poised for significant price movement if the pattern mirrors the 2017 scenario.
4. The analysis implies renewed interest in XRP, though its ability to replicate past gains remains uncertain.
5. The post positions XRP's current chart pattern as pivotal, potentially signaling a major rally.
Description
A recent analysis from crypto analyst Steph Is Crypto (@Steph_iscrypto) has refocused attention on XRP’s price structure, highlighting what he calls a “Golden Entry” point. Drawing comparisons to XRP’s price action in late 2017, the analyst points to a recurring pattern that preceded XRP’s historic surge to its previous all-time high. Using monthly candlestick charts, Steph identifies a triangular consolidation phase that, in 2017, led directly into a significant breakout. His post suggests that...
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