Popular analysis calls XRP Killer Edereum calls as experts predict what’s next
A The bold claim is spreading In Crypto circles that xrp may not be a bark and a token to stay again. According to a famous crypto analyst, the next move of the altcoin could position it as an edereum killer. At the same time, some voices urge the owners to watch for new signs that the next meeting is closer than expected.
Pure XRP chart and Eletherum Killer narrative
XRP A slight return to the bullish return with a strong recovery from The week-long crypto crash is accidental. It is interesting that a new narrative is forming among investors, with a well-known analyst known as Alex Cobb on the Social Media Platform X to predict the cryptocurrency to kill its next rally.
An interesting label came when the famous trader Peter Brandt shared a long-term chart showing the price action of XRP in the Symmetrical Consolidation pattern during candle making. “Have you ever had a long-term chart?” Brandt is asked questions.
The chart structure shows the price breaking above the long-term simple triangle towards the end of 2024, but has been consolidated within a stable range since then. The expectation is that once this high level is broken, it will lead to a strong follow-up in the price of the token.
The clarity of the chart and structure attracted the attention of many crypto participants, and Alex Cobb’s analyst interpreted it as a signal of a crack created by the Emeremu challenge. “The next leg up in xrp will be the killer of Edereum,” he said.
Cobb’s claim is based on a simple but powerful concept that works with many XRP enthusiasts. When the altcoin finally breaks clean and supports the top, the amount of entry will be enough to make the etreeum challenge the biggest altcoin challenge. In particular, this outcome also depends on the success of the Spot XRP ETFS, if any when they finally hit the US market.
Liquidity, ON-chain signals, and the next wave
Aside from the XRP price charts, some analysts are looking at cash flow and on-chain tokens as the real drivers of the next leg. For example, Crypto Analyst Rigple Bull Warnkle believes that the next big token wave is closer than most people think.
His opinion is based on the growing change in blockchain liquidity that signals a new phase of market movement. Earlier this week, more than $250 million in USDC was deposited into the USDC Treasure, and according to Win Winkleless, the largest release of the stablecoin is not revealed.
Representing liquidity institutions that are preparing to enter other cryptocurrencies, the token is included as a natural method. “Brace yourself, everyone. XRP is about to make history,” he said.
At the time of writing, The token is trading at $2.51, up 1.5% in the last 24 hours.
Featured image from istock, chart from artIngview.com
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