XRP BULLSHIT - ATH IS NEAR ‼️
Consolidation before the bull run!
The three-year accumulation is starting to materialize and thanks to Trump's support, the coin has skyrocketed by 140%
Currently, the coin is in the process of consolidating after the bull run. There are no prerequisites and technical reasons for the reversal and decline, the price is accumulating the potential for continued growth. The focus is on the resistance levels at 1.523 and 1.6300. The price breakout and consolidation above this area will stimulate strong buying, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn, before the next growth will test the 1.4116 area (strong resistance from September 2021) or the lower boundary of the consolidation - 1.2775.
Resistance: 1.5234, 1.6300
Support: 1.4116, 1.2775, 1.2133
So, since you have an uptrend, an ascending channel and a strong consolidation, in this case it makes sense to consider buying, which is only possible from the support level or after breaking the resistance.
The target in the form of ATH 1.9669 is getting closer.
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