Get started
Ifiok-2sydes

$XRP RIPPLE consolidating in rising channel for 2years....

XRPUSD Perpetual Contract (BYBIT:XRPUSD.P)  
Ifiok-2sydes  
BYBIT:XRPUSD.P   XRPUSD Perpetual Contract
Trend Analysis Chart Patterns Beyond Technical Analysis xrpusd ripple xrp XRPUSDT xrpusdanalysis
2
1
trendanalysis chartpattern beyondta xrpusd ripple xrp xrpusdt xrpusdanalysis
XRP Ripple has been consolidating in this channel for 2years since June 2022 (Weekly Timeframe)
Current price: $0.52
Ripple's price action is currently outside the Rising channel, Only two things can happen:

1. Price action can reclaim rising channel and move to higher prices with resistances: 0.63, 0.74, 0.85, 0.95

Or
2. #XRP can continue to break down to retest major support around 0.4

Related Ideas

Ifiok-2sydes
$XRP Ripple Respecting Rising Channel for 2years... What Next?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.