,Ripple (XRP) is on the verge of a potentially massive breakout as the cryptocurrency market anticipates a major move before November. Analysts are closely monitoring XRP’s price action, with some predicting a moonshot to a $3 trillion market capitalization.
The White Channel: XRP’s Path to a $3 Trillion Market Cap
According to analyst EGRAG Crypto, XRP’s market capitalization is currently confined within a formation dubbed “The White Channel.” Once XRP’s market cap blasts out of this channel, the analyst suggests that the cryptocurrency could be headed for a moonshot to a $3 trillion market cap.

由於加密貨幣市場預計 11 月之前將出現重大走勢，Ripple (XRP) 正處於潛在大規模突破的邊緣。分析師正在密切關注XRP 的價格走勢，有些人預測其市值將達到3 兆美元。被稱為“白色通道”的結構中。分析師表示，一旦 XRP 的市值突破這一通道，這種加密貨幣的市值可能會突破 3 兆美元。

The mid-point of the channel is located at $100 billion, while the high end reaches $287 billion. EGRAG Crypto believes that this is the point where XRP’s market capitalization will propel like a rocket, potentially leading to unprecedented growth for the digital asset.
Approaching the Apex: XRP’s Date with Destiny
JT, another prominent analyst, has highlighted the importance of one of the longest-running triangles in the cryptocurrency market. XRP’s price action has been consolidating within this triangle, and the apex of the formation is set to occur in November.

該通道的中點位於 1000 億美元，而高端達到 2870 億美元。 EGRAG Crypto 認為，此時 XRP 的市值將像火箭一樣快速增長，有可能導致數位資產前所未有的增長。加密貨幣市場中的運行三角形。 XRP 的價格走勢一直在這個三角形內盤整，該形態的頂點將於 11 月出現。

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Read more: Pepe Coin Market Cap Hits $7B – New Memes With Massive Potential
JT suggests that something big is going to happen with XRP before the apex is reached. If the MACD (Moving Average Convergence Divergence) indicator can turn up, the analyst believes that XRP could experience a powerful breakout, leading to a substantial price increase.
Coiling Tighter: Triangles Within Triangles
CasiTrades has provided an update on XRP’s price action, noting that before a breakout occurs, the market tends to fold in on itself as it approaches the apex of a triangle. This behavior is evident through the formation of triangles within triangles, with multiple degrees closing in on the apex.
The tightening of these formations suggests that XRP is coiling up, building pressure for a potentially explosive move. As the market continues to compress, the likelihood of a breakout increases.
Extremely Low Volatility: A Precursor to Expansion
Analyst Crypto V has shed light on XRP’s 3-week chart, which is providing insights into what may be on the horizon for the digital asset. The chart reveals that the 21-week simple moving average (SMA) is crossing above the 50-week SMA, a bullish signal that often precedes major price movements.

閱讀更多：Pepe Coin 市值達到 70 億美元——具有巨大潛力的新模因 JT 表明，在 XRP 達到頂峰之前，將會發生一些大事。如果 MACD（移動平均線收斂分歧）指標能夠上升，分析師認為 XRP 可能會經歷強勁突破，從而導致價格大幅上漲。這種行為透過三角形內三角形的形成而顯而易見，多個角度都在逼近頂點。隨著市場繼續壓縮，突破的可能性增加。該圖表顯示，21 週簡單移動平均線 (SMA) 正在穿越 50 週簡單移動平均線 (SMA)，這是通常在重大價格變動之前出現的看漲訊號。

#XRP 3 week chart is showing us what is to come…21SMA crossing the 50SMA towards the pinnacle of the triangle….Couple this with the extremely low volatility that’s gearing up to expand $XRP pic.twitter.com/QLbbuEU2CN— Crypto V (@cryptovilian) May 29, 2024

#XRP 3 週圖表向我們展示了即將發生的事情…21SMA 穿過 50SMA 走向三角形的頂峰…再加上極低的波動性，正準備擴大 $XRP pic.twitter.com/QLbbuEU2CN — Crypto V ( @cryptovilian) 2024 年5 月29 日

Moreover, Crypto V notes that XRP is currently experiencing extremely low volatility, which is typically a precursor to a period of expansion. As the market continues to compress and volatility remains low, the potential for a substantial breakout grows.
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此外，Crypto V 指出，XRP 目前的波動性極低，這通常是擴張期的前兆。隨著市場持續壓縮且波動性仍然較低，大幅突破的可能性越來越大。在快照日期公佈之前完成任務並確保您的位置！

 


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The post Ripple Poised for Massive Breakout as Analyst Says XRP Market Cap Could Hit $3 Trillion: Here’s Their Outlook appeared first on CaptainAltcoin.

分析師表示 XRP 市值可能達到 3 兆美元，Ripple 即將迎來大規模突破：這是他們的展望，該文章首先出現在 CaptainAltcoin 上。