Losing Patience in Bear Market is Novice Mistake as XRP Consolidated for 2 Years Before 119,000% Rally: Black Swan Capitalist Co-founder

XRP consolidated for roughly two years before launching into a historic rally in 2017 and 2018. Vandell Aljarrah, co-founder of Black Swan Capitalist, called attention to this history in a recent post on X. He used it to urge investors not to lose patience during prolonged market stagnation. Aljarrah stressed that XRP’s historical price action is a reminder of how long consolidation can precede a major market expansion. “Losing patience during market stagnation is a novice mistake,” he wrote. He recalled how XRP consolidated for approximately two years before executing a 62,000% macro expansion phase in 2017 and 2018.

Source: The Crypto Basic