Analyst projects XRP supercycle targeting $45.50 after breakout

Crypto analyst Amonyx has published a long-term technical analysis of XRP, predicting the potential for a significant price surge that could propel the asset to levels never before sustained in its history. According to Amonyx, XRP is approaching a “supercycle” move, supported by a decade-long chart structure that is currently resolving upward. As of now, XRP is trading near $1.50, while projections on the chart point to a possible rise toward $45.50. The chart referenced by Amonyx was originally created by chartist MrGert and spans XRP price data from 2014 to an outlook into 2028.

Source: CoinTurk News