XRP price could imitate and “pull like Dogecoin” if a bullish chart pattern is confirmed.
XRP (XRP) price briefly re-tested its 2024 yearly high of $0.74 on Nov. 12 after Bitcoin’s bullish momentum slowed on the daily chart. The altcoin outperformed BTC with a 13.42% uptick, retesting its multimonth resistance at $0.74.
XRP 1-week chart. Source: TradingView
With XRP possibly facilitating its highest weekly candle close of 2024, one crypto analyst underlined the potential for another 200% rally from its current price point.
