“Richest People You Know Could Be XRP Holders,”

Prominent analyst Steph predicts a notable surge. He thinks that XRP holders may become “the richest people you know” as a result of such a rise. The expert highlighted key indications in his study, such as the 4-hour chart’s Bollinger Bands.

Now, the volatility-tracking Bollinger Bands is growing, a trend that frequently results in significant price changes. Notably, he verified that XRP surged 132% from its swing low to its swing high in November. This is when the Bollinger Bands expanded.

In addition to this, the moves under comparable patterns rallied at 120% and 53%. The latest growth indicates that XRP may be poised for another significant breakout, according to Steph.

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Current State of the Market

Ripple’s cryptocurrency has been moving slower than expected. The altcoin went from trading at a high of $2.71 all the way down to a low of $2.48. Despite this, the weekly uptick of the asset remains at a positive 9%. At press time, XRP was trading at $2.56. Sadly, over the past 24 hours, the asset dropped by nearly 5%.

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In case XRP witnesses a spike over the next couple of months, investors could pocket major profits. The launch of the much-awaited stablecoin RLUSD could also accelerate the process of recording a notable peak for the asset. XRP currently remains 33% below its all-time high of $3.84.