Ripple’s bullish pennant breakout: Can XRP repeat its 470% rally? – BitRss

• XRP’s Super Trend Indicator flipped bullish, historically linked to massive price surges.
• Key metrics and exchange activity signaled a growing bullish momentum.

The Super Trend Indicator on Ripple’s [XRP] 12-hour chart has flipped bullish once again, as reported by Ali, a renowned analyst on X (formerly Twitter).

This is significant because the last time it occurred, XRP experienced a 470% surge in value. The indicator, which market participants rely on to identify prevailing market trends, is now aligning with the bullish narrative for the altcoin.

This signal comes at a time when XRP’s price recently bounced off a bullish pennant resistance, a pattern often associated with continued upward price movement.