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XRP Rally Pauses — Is Bitcoin Breakout Next?
The recent XRP price action has created a symmetrical triangle pattern, indicating the possibility of further consolidation or a breakout above $2.91. The current situation suggests that XRP may continue to trade within this range, potentially reaching new highs or lows depending on market conditions.
As of the writing time, XRP was trading at $2.29, down 0.73% in the last 24 hours. It’s worth noting that the short-term trend is currently unclear due to the recent price fluctuations and the impending move towards the 50-day SMA at $1.73.
Source: u.today
