XRP has 'most powerful chart in crypto' after breaking a 7-year price trend

XRP’s “bullish pennant” could send it to $3.80 before the end of the year.

XRP (XRP) registered its highest weekly candle close in years at $2.60. It was also its first higher high-top since January 2018, approximately seven years ago.

XRP 1-week chart. Source: Cointelegraph/TradingView

With the altcoin’s monthly chart exhibiting a multimonth breakout above key resistance at $2, one market analyst reserved a positive opinion of the token’s market structure.

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