Egrag Crypto has analyzed XRP's market outlook, emphasizing a long-term fractal model that suggests continued bullish potential. The analysis indicates that XRP's price action remains within a multi-year rising channel, pointing to a late-cycle pattern rather than a market peak. This structure suggests upside potential as long as support levels hold.
However, Egrag Crypto warns that a breakdown from this channel could lead to a double-dip scenario. Additionally, broader market factors, such as Federal Reserve policy shifts and liquidity cycles, are expected to influence XRP's near-term movements.
Egrag Crypto Highlights XRP's Long-Term Bullish Fractal
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
