A closely monitored analyst has revealed that one of the most followed altcoins is developing a highly positive market structure. Crypto enthusiast Ali Martinez shared insights with his 108,000 followers on the social media platform X, noting that the payment altcoin XRP ($2.18) possesses significant upward potential following a period of horizontal consolidation.
XRP’s Upward Potential
Martinez indicated that XRP is forming a bull pennant pattern, which typically points to a continuation of an upward trend. He stated, “XRP currently has one of the strongest bullish structures in the crypto market after testing the breakout zone.” According to him, XRP’s rising interest from market-dominant investors suggests that its price could potentially reach $10.
Predictions for Other Altcoins
In addition, Martinez provided insights on Ethereum
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