This pattern identifies XRP’s path to $8

Despite XRP facing short-term bearish pressure, the asset may be gearing up for a rally to $8, echoing the historic momentum of 2017. According to an analysis by Investing Scope, the recent downturn that saw XRP nearly crash below $2 reflects weakening momentum with the token struggling to break out of a narrow consolidation range that began after its January peak. However, in a TradingView post on June 5, the analyst indicated that the broader monthly chart tells a different, potentially bullish, story. XRP price analysis chart source: https://finbold.com/this-pattern-identifies-xrps-path-to-8/