fxstreet.com 12 Feb, 2021 06:30 am

XRP consolidates in anticipation of a 30% move

XRP consolidates in anticipation of a 30% move
XRP price has been consolidating within a narrow range over the past two weeks. Although this altcoin seems in an uptrend making a series of higher hi

XRP price is moving inside an ascending parallel channel pattern lacking a clear path for where it is heading next.XRP price has been consolidating within a narrow range over the past two weeks.Ripple price prepares for a 30% breakout XRP price dumped all the way down to $0.At the time of writing, XRP price is trading around the channel’s upper trendline at $0.

Therefore, it is critical that XRP price slices through the overhead barrier and closes above $0.This may result in a slow correction towards the 50 four-hour moving average at $0.

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