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The XRP community continues to await a possible price breakout, potentially reclaiming the $1 mark after years of extended consolidation. This comes as the token’s parent company, Ripple, remains embroiled in a legal battle with the Securities and Exchange Commission (SEC). However, crypto analyst Egrag Crypto believes historical price movements suggest that XRP might be on the verge of explosive price action , potentially driving the value above $1. In an X (formerly Twitter) post on April 20, the analysis suggested that XRP’s dominance rests on a historical support line around the $0.50 zone, drawing parallels to patterns observed in 2017 and 2021. Picks for you Long-term vision: Parents invest in crypto for their children’s future 37 mins ago Short squeeze alert: Two cryptocurrencies with huge potential next week 2 hours ago AI predicts Ethereum price for May 1, 2024 2 hours ago AI predicts Dogecoin price for May 1, 2024 4 hours ago ...

Although many assets in the cryptocurrency sphere are starting to slow down their bullish gains, including Bitcoin (BTC), the flagship decentralized finance (DeFi) asset is flashing some massively optimistic signs that suggest the possibility of an explosive comeback. As it happens, the maiden crypto asset is showing a bullish pennant on its four-hour chart , following a surge that marked its first flagpole, and suggesting the second flagpole “could spike real fast” in a bullish moment, according to the observations by crypto analyst Trader Tardigrade on March 12. Bitcoin H4 bullish pennant. Source: Trader Tardigrade Indeed, the expert has identified a continuation chart pattern represented by two trendlines that will eventually meet and which formed after Bitcoin experienced a strong upward movement followed by consolidation before the trend continues in the same, upward direction. Picks for you Is the Fed’s anti-inflation policy working? 2 hours ago $1000 inv...