menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

XRP’s Next...
source image

TronWeekly

3w

read

295

img
dot

Image Credit: TronWeekly

XRP’s Next Move: Will It Soar Above $2.22 or Fall to $2.07?

  • XRP is in a consolidation phase, expected to break out soon, with potential for significant price movement above $2.22 or below $2.07.
  • Traders anticipate a 'KABOOM Phase' as XRP nears the end of its consolidation period, similar to previous rallies in 2017.
  • Technical indicators suggest XRP is primed for a breakout, with key levels at 2.22 and 3.61, and support at 2.0706.
  • Mixed signals in trading volume and open interest indicate uncertain market sentiment for XRP.
  • Liquidations of long positions and bearish sentiment suggest a market leaning towards a potential correction.
  • Traders are closely monitoring XRP's movement above $2.22 or below 2.0706 to anticipate the upcoming trend.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app