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XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

MarketDeFi
CryptoNews·byArslan Butt
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Image for article: XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move
XRP is trading at $2.27, up nearly 2% in the last 24 hours and more than 3% over the past week. The recent momentum follows heightened speculation from technical analyst Crypto Michael, who highlighted XRP’s long-term consolidation phase. His chart, shared on X (formerly Twitter), shows XRP compressing for seven years inside a symmetrical triangle before breaking out in late 2024—a move that sparked a 700% surge from roughly $0.60 to over $2.00. XRP has been consolidating for 7 months since it pumped 700% after breaking out of the 7-year pennant, which I predicted. It has now reached the end...

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