Crypto analyst predicts XRP price could reach $27 as it undergoes a 'boredom phase' or Bermuda Triangle period of slow market action before a significant rally.
The analyst cautions that many traders are growing impatient as XRP fails to show notable price increases, but this phase is part of a setup for a strong rally towards $27.
XRP market controlled by whales and larger players, who influence price movements and shake out weak hands before a major rally.
Another market expert suggests XRP is retesting breakout levels to trigger a surge towards a new all-time high, with a projected price target of $4 or higher.