XRP Flashes Historic Rally Signal, Fueling $12 Price Speculation

A 65,900% price surge. That’s what followed the last time XRP touched the trendline it’s sitting on right now — back in 2017, when the token was trading at less than a penny. Related Reading: Bitcoin Eyes $90K As Bears Get Burned Again Amid $30B Open Interest Surge Pattern Repeats At Key Support Market analyst Mikkybull flagged the development this week, pointing to a multi-year ascending parallel channel that has shaped XRP’s price movement since its early days. The channel has three trendlines