XRP Breakthrough – Strong Bullish Signal Indicates a Tsunami Wave is Coming?

According to a well-known market analyst with extremely optimistic predictions, Ripple's XRP coin is poised to surge to unprecedented levels. The altcoin's All-Time High of $3.84 has yet to be broken, although XRP speculators remain steadfast. This analyst asserts that a price of $5 is achievable in the near future. "Not everyone pays attention to XRP Dominance, but I truly believe it is signaling a BIG BULL WAVE!" He commented as he continued to list some bullish indicators that have been detected recently. The first analyst noted that a bullish flag breakout has been observed on the Bitcoin chart, and this measured movement is extremely optimistic. He predicts that the increase could range from 21% to 275%. Notably, the breakout of the bullish flag pattern is the price movement that occurs when the price of an asset moves above the upper trendline of the flag pattern, signaling the potential continuation of the previous bullish trend. Similarly, the Visible Range volume profile—a technical analysis indicator that displays the distribution of trading volume at different price levels within the visible range of the technical chart—is signaling strong bullish potential. As the analyst wrote: "Visible Range Volume Profile (VRVP) shows a significant gap at 5.75%. This means that any closing level above 5.75%, aligned with Fib levels of 0.5 and 0.618 (8.59%), could trigger a Kaboom phase for XRP dominance!" The analyst concluded that the Kaboom phase, a phase in which prices are likely to rise significantly, could soon appear. Once this phase begins, the market could record the most optimistic XRP price chart ever, the analyst added. At the time of reporting, the buying side of XRP is rising and actively trading, with an hourly price increase of 1.66% and this asset is valued at $3.19.