XRP technical analysis
XRP price is consolidating inside a symmetrical triangle and may see a bullish breakout.
Technical indicators show 0.617 and 0.785 Fibonacci levels as support, and 0.381 and 0.235 Fibonacci levels as resistance.
The symmetrical triangle pattern indicates that a breakout of the uptrend line or downtrend line will signal a bullish or bearish move.
The current XRP price is slightly above the 0.5 Fibonacci level and may attempt to break out of the uptrend line of the symmetrical triangle.
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