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XRP Weekly Chart Blue Lines Point to These Long-Term Price Targets

XRP Weekly Chart Blue Lines Point to These Long-Term Price Targets

Photo: The Crypto Basic

XRP Chart Copies 2017 Bull-Run Magnitude Onto Current Setup—Here’s What the Blue Line Means. XRP’s weekly chart shared by Patrick L Riley is drawing a direct comparison with the historic 2017 rally by copying the magnitude of that move onto the current market structure. The blue vertical measurement is the most aggressive part of the setup: if XRP ever repeated the percentage expansion that followed its 2017 breakout, the move would extend into the hundreds of dollars. The chart snapshot places XRP around $1.3758, while current CoinMarketCap data has the asset near $1.39.

Source: The Crypto Basic

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