Crypto
XRP breakout signal spotted after 8-year consolidation, comparison with gold and silver
Discussion has resurfaced over whether XRP’s long consolidation could lead to a major breakout, after analysts pointed to similar multi-year ranges in gold, silver and ether that were followed by sharp rises. Some in the XRP community say its roughly 8-year sideways move may be a structural accumulation phase. XRP has fallen from a recent high of $2.40 to around $1.50, but long-term analysts say the broader structure remains intact.