Recent chart analysis on the floor of the Frankfurt Stock Exchange in Germany suggests that XRP could soar by over 2,000% this year to $10.
This analysis was conducted by Oliver Michel, CEO of Tokentus Investment AG, during a recent interview with a Der Aktionär reporter. Specifically, the analysis focused on the potential performance of XRP in 2024 and why investors are hopeful.Â
The correspondent sought clarification on the stark difference between the charts of Ethereum and Solana compared to XRP. Unlike the uptrends observable in Ethereum and Solana, XRP’s chart depicted falling candles.
In response, Michel explained that the XRP chart is in a monthly view, spanning from 2014 to June 2024. He acknowledged that XRP has shown little movement over the past year, hovering between $0.50 and $0.52.
Analyzing XRP 20X Potential
Meanwhile, Michel pointed out that from 2014 to early 2017, XRP formed a wedge pattern that led to an…
