Carl Runefelt examines XRP breakout potential from wedge pattern
@TheMoonCarl: Carl Runefelt on XRP breakout
Carl Runefelt, a prominent cryptocurrency analyst, highlights XRP's potential breakout from its current falling wedge formation on the daily chart. According to his analysis, once XRP successfully breaks out of this technical pattern, the price target could soar to $3.30. This strategic viewpoint aligns with ongoing bullish sentiments among XRP traders and investors.
Runefelt further suggests utilizing the LBANK platform for trading XRP, noting the benefits such as a 0% maker fee and opportunities for substantial USDT cashback without requiring KYC verification. His insights offer a targeted approach for those looking to capitalize on potential upward movements in XRP's market value.
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In the previous news, tweet author Carl Runefelt discussed corporate treasuries purchasing Bitcoin and the impact on the market. For more details, see previous analysis.
