XRP triggers a "once in a decade" bull run signal! Analyst: Price is set to big pump to $13, rare pattern has been brewing for 300 days.

The cryptocurrency market is experiencing overall turbulence, but the price of Ripple (XRP) is quietly forming a super rare multi-layer bullish pattern. Several analysts point out that this "once-in-a-decade" technical formation indicates an explosive surge is imminent. The market capitalization has remained above its 2018 peak for over 300 days, the monthly RSI indicator is poised to hit the overbought zone, and Bitcoin's dominance is about to decline. Together, these factors create a strong foundation for XRP to potentially break through to the $5-13 range.

Rare Multi-layer Bullish Signals: XRP is Brewing a Historic Breakthrough

(Source: Trading View)

Crypto Assets market expert Bobby A recently shared a remarkable discovery that XRP is in an extremely rare market condition. According to his analysis, XRP has been consolidating above a key historical level for quite some time, while making final preparations for a potential rally that could set a new historical high.

· Market Capitalization Breakthrough: 300 Days of Continuous Confirmation

Bobby revealed a key observation in a chart posted on social media X: the market capitalization of XRP has consistently remained above its 2018 peak for over 300 days. This long-term stability above a major resistance level (now turned support) is particularly rare in the current environment of general market sluggishness.

"This long-term consolidation above the key resistance level indicates that XRP is accumulating significant bullish energy," Bobby explained, "this bottom pattern suggests a potential explosive pump may occur."

According to his analysis, the next market capitalization target for XRP will reach 173 billion dollars, and during the bullish peak, it could soar to an astonishing 727 billion dollars. This would make XRP one of the most valuable digital assets in the world.

Technical Pattern: Perfect Bullish Flag Formation

On the price chart, Bobby pointed out that XRP has formed a bullish flag pattern that has lasted for several months. This technical pattern is typically seen as a brief consolidation in a strong upward trend, indicating that the price will continue to move in the original direction.

He specifically marked two key support levels:

"Base Camp 1": about 1.9 USD

"Base Camp 2": about 2.89 dollars

Both of these support levels have been successfully maintained, providing a solid foundation for XRP's upward momentum.

Monthly RSI: Preparing for the Final Sprint

Another striking finding in Bobby's analysis is the performance of the monthly Relative Strength Index (RSI). This long-term technical indicator is preparing to make a final push into the Overbought zone, which is often a precursor to a significant pump.

"When the monthly RSI enters the Overbought zone, we usually see the price experience explosive pumps," Bobby explained, "This situation has only occurred a few times in XRP's history, each time accompanied by significant price increases."

Based on the historical performance of this indicator, Bobby predicts that the take-profit zone for XRP will be between $5 and $13, levels that would set a new historical high, far exceeding the current price level.

Bitcoin's Dominance Declines: Catalyst for Altcoin Season

Bobby's analysis not only focuses on the technical indicators of XRP itself but also takes into account broader market dynamics. He specifically pointed out that the current Bitcoin dominance (BTC.D) is 58.7%, but it is expected to soon fall back to a mid-low point of 40%.

"The decline of Bitcoin's dominance typically releases a significant amount of funds into the altcoin market," Bobby explained, "which will allow major altcoins like XRP to capture a larger market share, thus enhancing the likelihood of a bullish breakout."

This redistribution of market share is described by Bobby as a "generational adjustment that occurs only a few times in a decade," emphasizing the rarity and potential impact of the current market structure.

Momentum Indicator of 'Full Speed Ahead'

Bobby's analysis emphasizes that the various indicators for XRP are "running at full speed," and the momentum indicators in higher time frames are becoming consistent, promising a strong pump.

"When the indicators on the daily, weekly, and monthly charts simultaneously show bullish signals, it usually indicates a sustained and strong upward trend," he pointed out, "XRP is currently in this rare technical consistency."

Short-term Risk: Bearish Divergence Requires Caution

Despite a positive long-term outlook, not all analysts are optimistic about XRP's short-term performance. Crypto Assets expert JD recently warned that a bearish divergence has appeared on XRP's weekly chart—this signal has already begun to show its effects.

The chart shared by JD shows that although the price of XRP has recently reached a new high, the peaks of the RSI indicator continue to decline, forming a typical bearish divergence pattern. This technical pattern usually indicates that a pullback may occur in the short term.

In fact, this divergence has caused XRP to significantly retract about 27% from the profit-taking level of $3.37 set previously by JD.

"Bearish divergence is the clearest warning, and those who ignore it are now witnessing its full impact," JD warned. "Although XRP may still avoid further falling into the 'gray box' supply zone, the short-term trend will remain bearish until momentum resets."

This divergence between short-term bearishness and long-term bullishness reflects the complexity of current market sentiment. Many market participants are beginning to question why XRP still faces short-term pressure in an otherwise optimistic market.

Analysts generally believe that this short-term volatility is a healthy market behavior that helps to cleanse overly speculative positions and lays a more solid foundation for the next wave of growth.

XRP Investment Strategy: How to Respond to Current Market Conditions

In the face of this long-term bullish but potentially volatile market environment, how should investors develop strategies? Here are several methods recommended by experts:

1. Batch Accumulation Strategy

Considering the potential volatility in the short term, investors can adopt a strategy of gradually building positions in batches, taking advantage of price pullbacks to incrementally increase their holdings.

"Setting buy orders near the support levels of $1.9 and $2.89 is a wise strategy," suggested a market observer, "these levels have proven to be strong support areas."

2. Set Stop Loss and Target Price

To manage risk, investors should set clear stop-loss levels and target prices.

According to Bobby's analysis, the range of 5 to 13 dollars can be considered a potential target price range," market experts suggest, "while below 1.9 dollars can be considered as a stop-loss level to limit potential losses.

3. Focus on Key Catalysts

In addition to technical indicators, investors should also closely monitor key catalysts that may affect the price of XRP, such as:

· Approval progress of XRP ETF

· Latest developments in the Ripple and SEC legal case

· News of institutions adopting XRP

· The trend of Bitcoin's dominance change

Conclusion: Historical Opportunities and Risks Coexist

XRP is currently in a very rare technical formation, with the accumulation of multiple bullish signals indicating a potential historic price breakout. The market capitalization has remained above the key resistance level for over 300 days, the monthly RSI is poised to hit the overbought zone, and Bitcoin's dominance is about to decline. These factors together create a strong foundation for XRP to potentially break through to the $5-13 range.

However, investors should also be wary of potential fluctuations in the short term. The bearish divergence signal from the weekly RSI reminds us that the market may need some time to digest the recent pump.

For long-term investors, the current moment may be a rare entry opportunity, as XRP is brewing a potential upward trend that could set a new historical high. However, it is still crucial to manage risks carefully, set reasonable stop-loss levels, and adopt a strategy of gradual position building.

As described by Bobby, we may be witnessing a "once in a decade" market pattern, and investors who can correctly interpret these signals and take appropriate action will have the opportunity to achieve considerable returns.

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Xiner11vip
· 35m ago
Looking at this market, it would be good if it doesn't drop to zero.
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Zenitsuuvip
· 2h ago
xrp to da moon
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Zenitsuuvip
· 2h ago
HODL Tight 💪
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MyCh093vip
· 5h ago
Buy to earn 💎
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