BULLISH 📈 : Analyst Predicts XRP Could Reach $15 After Recent Retest

XRP has recently retested a resistance level on the monthly candlestick timeframe, according to crypto analyst Javon Marks. This is seen as part of a continuation pattern, similar to past behavior.

Despite bearish trends, technical analysis suggests a potential rebound with projections up to $15.
In recent weeks, XRP's price fell from above $1.90 to a low of $1.15, marking a significant pullback.
On the monthly chart, XRP is on its fifth consecutive red candlestick, with a 10.6% drop in January and an additional 13% loss in February.
The recent decline aligns with historical patterns from 2017, where XRP retested a long-term descending trendline.

XRP

Marks' analysis projects a major price target above $15 if XRP follows its historical pattern post-retest. Currently, XRP trades at $1.43, having rebounded 24% from its recent low.