Rally

when

Dogecoin

<p><a href="https://captainaltcoin.com/xrp-ledgers-ecosystem-market-cap-hits-record-low-is-this-a-worrying-sign-for-ripples-ecosystem/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP)</a> has lost value in the last month, dropping by 5.61%. However, its market capitalization has gone up by 1.23%, and more people have been buying it lately, with a 13.54% increase in trading over the past day.</p>
<p>Crypto expert “@CryptoBull” told his 144,000 followers today that XRP’s price might explode to $227 during the next bull run.&nbsp;</p>
<p>This forecast is based on a pattern in the token’s price chart, it looks like what was seen the last time XRP’s had a big price surge.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/tons-meme-coin-dogs-leads-the-largest-meme-tge-in-history/" target="_blank" rel="noopener noreferrer nofollow">TON’s Meme Coin DOGS Leads the Largest Meme TGE in History</a></em></strong></p>
<h2 class="wp-block-heading" id="xrp-chart-analysis-symmetrical-triangle-suggests-a-breakout">XRP Chart Analysis: Symmetrical Triangle Suggests a Breakout</h2>
<p>The crypto expert’s chart proposes a symmetrical triangle. This popular pattern is known for indicating when a breakout is near. This token’s price was moving within the $0.05 and $0.34 range, which formed a triangle on the charts over the past month.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="488" src="https://captainaltcoin.com/wp-content/uploads/2024/09/sol-1024x488.jpeg" alt="" class="wp-image-553218" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/sol-1024x488.jpeg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-300x143.jpeg 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-766x365.jpeg 766w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-1536x731.jpeg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-2048x975.jpeg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-315x150.jpeg 315w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-100x48.jpeg 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-735x350.jpeg 735w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol-788x375.jpeg 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/sol.jpeg 1619w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Image Source: <a href="https://x.com/CryptoBull2020/status/1833489070665658496" target="_blank" rel="noopener noreferrer nofollow">X/CryptoBull</a>
 </figcaption>
</figure>
<p>The Twitter analyst believes that <a href="https://captainaltcoin.com/xrp-price-could-hit-28-ripple-analyst-shares-timeline/" target="_blank" rel="noopener noreferrer nofollow">XRP could drift from this trend in 2024</a>, much like it did in 2017.</p>
<p>The token followed a similar pattern in 2017, and its price jumped from $0.05 to $3.84 during a massive bull market run.&nbsp;</p>
<p>CryptoBull suggests that if the same pattern comes into play again, XRP’s price could explode this time around.</p>
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<h2 class="wp-block-heading" id="can-xrp-s-price-hit-227">Can XRP’s Price hit $227?</h2>
<p>CryptoBull’s projection sets a target price of $227 based on the pattern and historical movements. This forecast rests on the notion that <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> will explode as it did in 2017, when its price saw a major pump.</p>
<p>In the meantime, if <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price</a> keeps going in the same direction, it could beat its previous record of $3.84 and possibly reach $227.</p>
<p>Finally, XRP’s price movement of late indicates that a gain is imminent, but the outcome relies on the general market performance. Factors such as market sentiment, adoption of XRP, and regulatory developments could influence whether XRP can hit this target.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/this-pattern-indicates-xrp-price-will-rally-to-227/" rel="noopener noreferrer nofollow">This Pattern Indicates XRP Price Will Rally to $227</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Pattern Indicates XRP Price Will Rally to $227

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