š„š„Ripple: Will XRP Overcome Consolidation Phase to Reach $1 After Bitcoin Halving?
The gradual progression of xrp during this bull season has been a cause of concern for many of the community members. Although Ripple has partially won the case against the SEC and has formed corporate alliances, #XRP has not yet experienced a major price movement.
According to Coinmarketcap, XRP recorded a slight increase of 7% last month. The token is currently at US$0.58 in a phase called consolidation. However, with the Bitcoin #halving event on the horizon, a significant increase can be seen in the entire altcoin market. The new momentum and increased activity may play a fundamental role in increasing the chances of XRP experiencing a full-fledged bull run soon.
The slow price movement of Xrp has forced various analysts related to X to express their opinions. According to āCrypto Roverā, an important cryptocurrency analyst, XRP has been consolidating for 4 years and is sending mixed signals within the XRP community.
XRP surge
Source - CryptoSlate
The gradual progression of xrp during this bull season has been a cause of concern for many of the community members. Although Ripple has partially won the case against the SEC and has formed corporate alliances, XRP has not yet experienced a major price movement.
According to Coinmarketcap, XRP recorded a slight increase of 7% last month. The token is currently at US$0.58 in a phase called consolidation. However, with the Bitcoin halving event on the horizon, a significant increase can be seen in the entire altcoin market. The new momentum and the increase in activity may play a fundamental role in increasing the chances of XRP experiencing a full-fledged bull run soon.
XRP: The Consolidation Phase
The slow price movement of Xrp has forced various analysts related to X to express their opinions. According to āCrypto Roverā, an important cryptocurrency analyst, XRP has been consolidating for 4 years and is sending mixed signals within the XRP community.
