XRP (XRPUSD) got out of its Accumulation Triangle (December 2024 - June 2025) making an aggressive break-out similar to the December 2017 one, which was after an identical Triangle pattern.
The fractals are so comparable that both mostly traded within the 1W MA50 (blue trend-line) and the Mayer Multiple (MM) 2 Stdev Above (orang trend-line).
As you can see, that MM trend-line was where the Top of the previous Cycle (April 2021) was priced and the one before was above the 3 Stdev Above (red trend-line).
Assuming that this Cycle will also go for the 'minimum' 2 Stdev Above test, it can make that contact by the end of the year on the 2.0 Fibonacci extension (Cycle Top-to-bottom) at $12.500.
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The fractals are so comparable that both mostly traded within the 1W MA50 (blue trend-line) and the Mayer Multiple (MM) 2 Stdev Above (orang trend-line).
As you can see, that MM trend-line was where the Top of the previous Cycle (April 2021) was priced and the one before was above the 3 Stdev Above (red trend-line).
Assuming that this Cycle will also go for the 'minimum' 2 Stdev Above test, it can make that contact by the end of the year on the 2.0 Fibonacci extension (Cycle Top-to-bottom) at $12.500.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.