XRP (CRYPTO: XRP) has gained roughly 10% over the past week, with traders increasingly pointing to a potential breakout as price compression continues higher timeframes.

Price Structure Compressed

He says this compression, combined with several weekly indicators, is unusually significant.

Based on historical cycle behavior, he suggested XRP could eventually see a large move, potentially in the $8–$12 range in a strong bullish scenario.

XRP’s weekly indicators (MACD, RSI, Stoch RSI) are very close to turning bullish but are not confirmed yet since the weekly candle has around three days left.

Momentum looks compressed and downside pressure may be fading, which could signal a potential…

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