Ripple (XRP) price has shown incredible resilience as it reenters a narrow area of consolidation. For long-term investors, this sideways movement prov
Ripple price is in an accumulation zone for long-term investors. XRP buyers could be in for a treat if the inverse head-and-shoulders pattern plays out. A successful completion and breakout from the said technical formation could trigger a 60% rally to $1.234. Invalidation of the bullish thesis will occur on the breakdown of the $0.413 support level. ides a good opportunity to buy XRP tokens.
In its 10-year history, ALL major, mind-melting $XRP moves had this pattern pop up before it. ... Now, a similar setup can be seen on the 3-day chart.#XRPArmy #XRPCommunity https://t.co/ATsc5UjXag pic.twitter.com/KWOfXLwDb9 — MAXPAIN August 16, 2023 Read more: XRP Price Prediction: SEC vs. Ripple lawsuit’s 100% rally could be just the start Currently, on the weekly time frame, Ripple price is once again setting up a potential inverse head-and-shoulders pattern.
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