Ripple's XRP is showing promising signs of a bullish divergence on its weekly price chart, forming an Elliott Wave pattern. Analysts suggest that XRP, which has been in a symmetrical triangle from 2018 to 2024, is poised for a potential breakout. The altcoin recently completed a 3-wave expanded flat correction, and experts predict a 5-wave impulsive move could propel XRP's price to new highs, potentially reaching $6 to $10. Additionally, a potential bullish divergence with a falling wedge pattern has been identified, indicating a possible breakout if the wedge breaks with volume. This could lead to XRP achieving new all-time high targets, as highlighted by crypto enthusiasts monitoring the asset's price movements.
XRP Price Chart Signals Bullish Divergence with Elliott Wave Formation
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