š£ Hey #CryptoCommunity! Ripple's been holding steady above the $0.47 mark, but it's been a bit of a rollercoaster ride š¢. Here's the lowdown:
š¹Ripple's been chilling around the $0.47 support, forming a sideways triangle pattern. This could mean some sideways movement in the short term. š
š¹There's been some wild price action near this support, hinting at a potential breakout. The direction of this breakout could set the tone for XRP's future trend. šš
š¹If we see a bearish breakout, we could be in for a quick drop, maybe even a long-squeeze event that could speed up the bearish momentum. Next stop could be the $0.41 mark. š»
š¹On the 4-hour chart, Ripple's price has been bouncing around, forming an ascending flag pattern. If the price breaks below the $0.47 mark, the bearish trend could continue, aiming for $0.41. š©
What do you think? Will Ripple hold its ground or are we in for a dip? Share your thoughts below! š #XRP #CryptoNews #DeFi
