XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally
XRP
1.9958
-1.77%
XPL
0.1565
+0.51%
WIF
0.39
-1.76%
#StrategyBTCPurchase XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level.
A new long-term technical comparison shared by crypto analyst ChartNerd places XRP’s price behavior since its July all-time high of $3.65 into an interesting context, implying that what XRP is doing now resembles a phase from its 2016 market cycle that points to an incoming huge rally.