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Bull run imminent: XRP aims for the moon with 200x potential

Author: Ethan Blackburn Ethan Blackburn

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Following a prolonged consolidation phase , the altcoin market is once again showing clear signs of recovery. In this context, cryptocurrency expert Xaif (@Xaif_Crypto) recently identified a recurring technical pattern on the market cap chart.

The chart shows a third breakout above a descending resistance line, with a bullish projection of โ€œ200x potential,โ€ according to the analyst. In previous cycles, similar moves have led to marked expansions.

The first breakout, in early 2024, was followed by a 150x rally . The second, later that year, extended to a 175x rally. Each sequence began with a sharp decline. Then came the breakout, a retest of the old resistance, and finally a sustained push higher. This same formation appears to be reappearing today.

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Towards 200x potential: the structure that intrigues analysts

Xaif โ€‹โ€‹shared a chart that highlights a three-phase technical pattern commonly seen in previous cycles. Initially, the market gradually declines below a declining resistance line, usually marked in red on charts.

Subsequently, an upward breakout occurs, breaking above this resistance, attracting the interest of technical analysts and seasoned traders.
The third stage involves a return to the breakout point. When this support is maintained, sustainable momentum typically begins, often associated with a resurgence of confidence in the overall altcoin market.

According to Xaif, this pattern appears to be repeating itself again, with technical indicators consistent withย previous bullish cyclesย . The current candlestick illustrates a marked trend above the downside resistance, supported by a retest confirmed as strong support. This decline coincides with the impressive rise ofย XRPย , which has just reached a new all-time high, reinforcing the positive impression.

If the structure holds as anticipated, it could lay the foundation for a significant rally, possibly comparable to 200x.

This context, already observed at the beginning and end of 2024, had led to increases of 150x and then 175x.  The pattern was always the same: drop below resistance, bullish overshoot, confirmation test, then surge. Currently, all factors seem favorable for a new altseason.

XRP in the lead

With the market clearly heading into a new bull run , Xaif identifies XRP as the potential leader of the next bull run. This assumption is based on the strategic importance of high-value tokens in the early stages of altcoin cycles.

When total market capitalization exceeds a certain threshold, flows tend to focus primarily on liquid, well-established assets . Only then does capital shift to smaller tokens, which are generally more volatile but have less market depth.

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In this context, XRP stands out for its size, liquidity, and transaction volume, which are among the largest in the field. Its dominant status makes it an obvious contender to drive the next upward trend.

Some experts even predict that it couldย surpassย Ethereumย during this cycle. If this happens, XRP would become the second-largest cryptocurrency, strengthening its position as the leader in the altcoin market.

To confirm this scenario, market participants are monitoring various specific technical indicators . They predict an increasingly significant decline, robust closes above resistance levels, and gradual volume growth during the rally.


Source: Coinmarketcap


Author:

Author: Ethan Blackburn Ethan Blackburn

Ethan Blackburn works as a full-time content writer and editor specializing in online gaming and sports betting content. He has been writing for over six years and his work has been published on several well-known gaming sites. A passionate crypto enthusiast, Ethan frequently explores the intersection of blockchain technology and the gaming industry in his content.

Education

  • Communications (B.A.)

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