Ripple Fails to Attract the Bulls: How Long Will the XRP Price Consolidate Within a Narrow Range?
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The crypto markets are gearing up for the launch of the spot Ethereum ETF as the ETH-based tokens are gaining acute strength. Meanwhile, the other tokens are consolidating as the Bitcoin price slashes close to $66,500.
On the other hand, the other tokens are also preparing for a massive upswing while the XRP price remains consolidated within a range. Moreover, the price is failing to attract bulls, which raises the concern that the XRP price is dead.
Considering the trade since the second half of 2022, the price traded along the ascending trend line that acted as a strong support.
