Bitget App
Trade smarter
Analysis: Ripple price is consolidating within a key support area, potentially poised for a breakthrough
Bitget2023/12/26 15:17
According to CryptoPotato, as analyzed by Shayan, the price of Ripple (XRP) continues to consolidate within a key area, forming a horizontal wedge pattern. Notably, XRP has encountered a strong support zone composed of the convergence point of the 100-day and 200-day moving averages and the lower boundary of the wedge pattern. This convergence point could potentially halt any downward momentum.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Spot gold drops to $4,000 per ounce
金色财经•2025/10/27 14:23
Byreal adds XAUt0-USDT liquidity pool with a total yield exceeding 70%
Chaincatcher•2025/10/27 14:14
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$114,642.84
+0.82%
Ethereum
ETH
$4,131.73
+1.34%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$1,144.03
+1.05%
XRP
XRP
$2.61
-1.13%
Solana
SOL
$198.8
-0.23%
USDC
USDC
$0.9999
+0.03%
Dogecoin
DOGE
$0.2017
-0.55%
TRON
TRX
$0.2979
-0.93%
Cardano
ADA
$0.6690
-1.03%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now