menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

Ripple Pri...
source image

Cryptopotato

4w

read

57

img
dot

Image Credit: Cryptopotato

Ripple Price Analysis: Is XRP Ready to Break Out of Consolidation Phase?

  • XRP is currently trapped in a tightening consolidation zone, showing limited momentum despite Bitcoin's strength.
  • On the USDT pair, XRP is locked within a descending channel and is holding just above $2.10, with possible support at the 200-day moving average.
  • XRP/BTC pair has been sliding within a falling wedge for over two months, currently trading around a major confluence level at 2200 SAT.
  • For XRP to break out of the consolidation phase, it needs to break key resistance levels around $2.5 in the USDT pair and reclaim 2400–2450 SAT in the BTC pair.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app