XRP’s Momentum Breaks Out Again, Can This Bullish Indicator Lead to a New $70 ATH Price?

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XRP New ATH?

  • Ripple’s XRP’s momentum breaks out again.
  • Analysts note multiple bullish indicators on XRP chart. 
  • XRP could pump parabolically by over 470% to surge and hit new ATHs of $33 and $70.

Despite claims that altseason peak has been delayed and that the Bitcoin bull cycle will experience an extended run this cycle, altcoins continue to show highly bullish indicators. Ripple’s XRP is one such bullish altcoin. To highlight a major bullish indicator signaled on the XRP price chart as XRP’s momentum breaks out again. 

XRP’s Momentum Breaks Out Again

As we can see from the post above, this reputed crypto analyst shares a shot of the XRP price chart and marks how XRP’s momentum breaks out again. He notes that the momentum by RSI broke out, and that the last time this same pattern played out, the momentum breakout led to a pump of over 470%. 

This surge pulled a near 6x on the price of XRP and seeing the same pattern play out again has led the analyst to believe that another monumental surge in XRP is likely on the horizon. Responses to the post remain bullish with high expectations for XRP price going into the coming months of the ongoing bull cycle. 

$30 or $70 XRP ATH Price Expected

https://twitter.com/egragcrypto/status/1901229269470052779

Adding to the bullish expectations is the post above, another reputed crypto analyst goes on to share his observations on the XRP price chart where he highlights a compelling pattern that could propel the price of XRP to much higher new ATHs. To specify, this analyst expects XRP price to shoot up to $33 and $70 this bull cycle.

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