A crypto market analyst has suggested that XRP appears to be forming “one of its most significant multi-year structural patterns to date,” which could lead the altcoin to a rally similar to its 2017 expansion. Related Reading XRP Eyes 2017-Like Expansion On Thursday, market observer ChartNerd stated that XRP appears to be repeating a setup…
XRP has been trading sideways since early February, locked in a consolidation range that has tested the patience of bulls waiting for a decisive move. The price action is frustrating but not directionless — and a CryptoQuant report has just provided a behavioral framework that explains why the current market feels structurally different from the…