XRP bears have been dominating the market for quite a few weeks now, but a bullish pattern has appeared on its weekly chart
bears have been dominating the market for quite a few weeks now. However, the entire scenario might change soon, as a long-term pattern appeared on the token’s chart.According to CoinMarketCap’sAt the time of writing, the token was trading at $0.5659 with a market capitalization of over $31.7 billion, making it the seventh-largest crypto.
The pattern formed in December 2021. Since then, the token’s price has been consolidating inside it. At the time of writing, it seemed that the token might break above the pattern in the upcoming weeks.If that happens, investors might see XRP grow exponentially and reclaim its past glory. First, it might target $0.94. Then the next target would be $1.31.
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