lesnermj

XRP Breaking out of consolidation

Long
OKX:XRPUSDT.P   XRPUSDT Perpetual Swap Contract
All my XRP HODLERS.

After nearly 2 months of consolidation, XRP saw a slight pump due to XRP20 Inscriptions, that saw fresh 3-5m worth of payment transactions flowing through XRPL.

Looking back at the charts, this pushed XRP to almost retesting a strong 2 months 4 hour resistance zone.

Looking back at Aug, there was a similar duration of consolidation, before a 1.5x pump from 0.4 to 0.6.

If history repeats, we are looking at XRP hitting the 0.8-0.9 levels.

LFG!

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