Ripple Price Analysis: What XRP Needs to Break Out of Consolidation
3 Articles
3 Articles
XRP Eyes $2.80 Breakout as Whale Activity Surges and Technicals Strengthen
XRP is consolidating above $2.30, supported by bullish technical signals and increased whale accumulation. MACD and RSI indicators point to recovery, while declining exchange supply adds to upside pressure. XRP is currently trading at $2.34, staying within a tight range between $2.30 and $2.50. The $2.30 level has proven to be a solid floor, aligning with the 50-day Exponential Moving Average (EMA). Below that, the 200-day EMA at $2.06 offers fu…
Ripple Price Analysis: What XRP Needs to Break Out of Consolidation
XRP has been showing signs of quiet accumulation within a broader consolidation structure. As of today, it continues to trade below major resistance zones but is building a compelling technical structure that could precede a significant move if confirmed by volume and momentum shifts. Technical Analysis The USDT Pair Looking at the XRP/USDT pair, the price remains tightly compressed inside a descending channel that has been developing since earl…
Ripple (XRP) Price Analysis: Poised to Challenge $2.65 Resistance After Gaining Over 1.84% This Week
As the new trading week begins, Ripple (XRP) is showing encouraging signs of upward momentum after gaining approximately 0.93% on the 4-hour chart. With the price currently hovering around $2.45, technical indicators suggest XRP is preparing for a potential breakout toward key resistance levels. This analysis explores XRP’s latest price action through the lens of moving averages and market structure to guide traders on what to expect in the comi…
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