XRPUSD hasn't made a new ATH since January 2018. Instead its last Cycle was a Lower High of a 6 year Triangle that hasn't been broken yet.
The price has been consolidating for 18 months and is pattern is running out of space.
Volatility is expected to become fierce until the end of the year but if it follows the expansion pattern of the 2013-2016 Triangle, then we can see a massive price explosion early in 2025.
That rally reached the 2.0 Fib, the parabolic channel of XRP suggests it won't go higher than the 1.5 Fib.
As a result, we think $10 is a fair price in this scenario.
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