**Ripple Breakout Pattern š**
A significant pattern is emerging in the cryptocurrency market, with $XRP consistently experiencing a major rally when it stays below its 50-week Simple Moving Average (SMA) for approximately 50-84 days.
**Historical Data**
⢠In 2017, $XRP surged by +211% over a period of 70 days.
⢠In 2021, the cryptocurrency rallied by +70% within 49 days.
⢠Notably, in 2024, $XRP recorded an impressive +850% increase over 84 days.
**Current Situation**
With $XRP currently below its 50-week SMA for 70 days, a similar breakout pattern is unfolding. The market is observing this development closely, anticipating the next major rally. š
