Crypto News
XRP has formed a right-angled descending broadening wedge on the weekly chart for nearly two years, according to trader El_crypto_prof. The trader puts the pattern's target above $10 and says a move could take time.
Why it matters
The projection gives XRP holders a long-term technical level to watch, but it remains a chart-based target rather than a forecast with a stated timeline or guarantee.
Market impact
The post does not cite a current XRP price or specify when the target might be reached. Whether the pattern continues to develop is the key point for traders tracking the setup.
Frequently asked questions
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What chart pattern is cited for XRP?
Trader El_crypto_prof describes a right-angled descending broadening wedge on XRP's weekly chart.
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How long has the XRP pattern been forming?
The post says the weekly-chart pattern has been forming for nearly two years.
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What target does the trader assign to the pattern?
The stated technical target is above $10.
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Does the post give a timeline for XRP to reach the target?
No. The trader says the move could take a while but gives no specific timeline.
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Is the $10+ level a guaranteed XRP price forecast?
No. It is a chart-based technical projection, not a guaranteed price outcome.
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