US EditionXRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally
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XRP Faces Potential 69% Correction, Mirroring 2016 Pattern
XRP, the cryptocurrency that has been making waves in the digital asset space, has recently been struggling to gain any significant upward momentum. The price of XRP has been lingering just above the $2 mark, having rejected the $2.15 level in the middle of the week. This lack of upside traction has led to a new long-term technical comparison, shared by crypto analyst ChartNerd, which places XRP’s… Source
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Bitcoin Ethereum NewsXRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally
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 …
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