XRP is still holding above $1, but is currently moving in a sideways triangle pattern, down more than 2% in the last 24 hours. 📉 This consolidation could be a sign of a potential bullish move, but XRP needs to break above $2 to confirm it. 🚀

Right now, XRP is moving between the $0.98 and $1.65 support zones, with key resistance levels at $1.67 and $2. 💪 If XRP can hold onto the support and break through these resistance levels, it could signal a breakout to higher prices. 📊 There is also a green diagonal pattern showing that if XRP can form a five-wave move, we could see a larger rally to new highs. 🌟

In the short term, we need to monitor XRP's price action, especially around the $1.87 support and the possibility of a longer rally forming. 🔍 If buyers step in and support holds, it could trigger a rally to higher resistance levels. 🎉

Despite a short-term uptrend since July, overall XRP price has been moving sideways since 2018. 😕 Despite some spikes, XRP often rallies only to return to a consolidation phase. 📉 This is a common pattern, so it’s important to remain cautious until there are signs of stronger upward momentum. ⚠️

There are also bullish scenarios that are still possible. 📈 For example, the yellow pattern we’re watching is a bullish Elliot Wave setup, which could take price to a higher high after forming a higher low. 🌈 The invalidation point for this pattern is at $0.29—if price drops below this level, it could signal a shift in market sentiment to bearish. 😬 $XRP #CryptoExplorerFiesta #XRP #Ripple #ripplexrp #Binance