cryptonewsland.com
- The XRP price chart is slowly revealing the long-awaiting ‘W’ shape.
- This means that a grand price wave could trigger soon.
- A crypto analyst says the climax is $1.33 which will trigger the Grand Wave 3 Target.
The patience of XRP holders is finally paying off. The price chart of XRP is finally moving towards an inevitable ‘W’ shape. This signal has been heading into formation for over 6 years and could trigger a massive XRP price surge.
When I sit back & look at the chart, I see a W.
— Dark Defender (@DefendDark) July 5, 2023
A big "W" that took 6 years to get in shape.
Sit back, zoom out & have a look?#XRP staying above the #Fire Zone & proceeding to our targets.
$1.33 is the 'Climax' & key touching our Grand Wave 3 Target. pic.twitter.com/3B6X47jIUq
According to the tweet above, a crypto enthusiast shares the big-picture price chart for XRP over the past few years. Specifically, as we look at the formation of the chart over the past 6 years, we see the formation of a ‘W’ shape.
The post requests other viewers to check out the chart. In addition, he says that the climax will arrive at $1.33 and will trigger the grand wave 3 target. Chart readers can see how XRP price is staying above the fire zone. This means that the price of XRP is proceeding towards higher targets.
Indeed this is exciting news for the XRP community. The signal is a long-awaited one. Clearly, Ripple fans and XRP holders have really been in this project for the long haul. Most XRP hodlers have been holding the crypto assets for years even after huge critics, massive FUD, and federal lawsuits.
Ripple has been steady and certain on their gradual growth plan. The lawsuit from the SEC has likely only delayed the inevitable. Soon, XRP will be free to thrive across the world. The vision of Ripple and XRP has already reached the world through many prominent global partnerships.
More so, the Ripple team, including CEO Brad Garlinghouse, have stood resolute against their battle against the SEC. Eager XRP holders await the verdict of the case which we are closer to hearing than ever before.
On this point, the Reddit CryptoCurrency thread is having a discussion on how ridiculous the SEC is in its labelling almost all cryptos a security rampage. The discussion marvels at the strength of XRP.
In particular, the conversation talks about how XRP was ranking at 3 on the market cap list when it got the lawsuit. Presently, XRP is on #6, this was hardly a huge fall for the asset. Truly, it would be nothing less than poetic justice to see XRP holders thrive in the coming months.