Over the last year, the XRP price has managed to maintain a rather high price region , with the most resistance coming in at the $3 level. Despite this, the cryptocurrency has been unable to actually clear its all-time high of $3.8 that was set back in 2018, making it an important level to break. However, the digital asset could be on the verge of another major surge, potentially pushing it toward new all-time highs during this period, with an 8-year accumulation phase possibly coming to a close this cycle.
The Breakout That Could Send XRP Price To New All-Time Highs
Crypto analyst NoahDefraties has pointed out an 8-year accumulation base that could be the starting point for the next XRP price rally. According to the breakdown shared by the analyst, this 8-year accumulation base ha