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XRP analyst expects AMD pattern to trigger next rally after recent dip

Picture: COINTURK NEWS

XRP may be preparing for a significant price surge in the coming months, according to technical analyst and crypto enthusiast Diana. She stated that the cryptocurrency is now displaying a market structure similar to the one that led to its earlier rally this year, following a comparable trajectory on its daily chart. Diana, known for her technical analyses on X (formerly Twitter), identified what she describes as the Accumulation, Manipulation, and Distribution (AMD) pattern forming once again on XRP’s daily chart.

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