See original
Forecast $XRP : Break Out of the Range
At the time of writing this analysis, XRP is trading at $2.17, down 4.8% in the last 24 hours. The altcoin has been consolidating within the range of $2.00 to $2.73 for three weeks now. This stagnation prevents the cryptocurrency from reaching new highs.
To break out of the designated range, the token needs to turn the $2.73 level into new support. Such a breakout would create solid ground for a future rally.
However, if XRP falls below the $2 level, a bearish scenario will come into force. Then the altcoin will most likely continue to fall, which will lead it to new lows.$FTT $SSV
At the time of writing this analysis, XRP is trading at $2.17, down 4.8% in the last 24 hours. The altcoin has been consolidating within the range of $2.00 to $2.73 for three weeks now. This stagnation prevents the cryptocurrency from reaching new highs.
To break out of the designated range, the token needs to turn the $2.73 level into new support. Such a breakout would create solid ground for a future rally.
However, if XRP falls below the $2 level, a bearish scenario will come into force. Then the altcoin will most likely continue to fall, which will lead it to new lows.$FTT $SSV
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.453
+1.57%
Replies 0