why is xrp stuck in a wedge

Last Updated on January 6, 2024 by Paganoto

Ripple's XRP Price Analysis: XRP/USD stuck within a worrying wedge

Ripple's XRP Price Analysis: XRP/USD stuck within a worrying wedge

The price has been moving within a wedge pattern, which is subject to a potential breakout to the downside. Ripple’s XRP trading within positive territory in …

Ripple's XRP Price Stuck Up in a Range, Will it Ever Cross …

Ripple's XRP Price Stuck Up in a Range, Will it Ever Cross …

The reduced volatility in the Ripple’s price is assumed to be due to the dropped interest among the traders, majorly because of extensive …

Ripple (XRP) Gets Stuck In A Rigid Range And Attempts To …

Ripple (XRP) Gets Stuck In A Rigid Range And Attempts To …

Looking at the market structure, we can see that Ripple (XRP) has been often rejected at the wedge’s upper boundary.

Key Indicator Shows Ripple (XRP) Price Could be on the …

Key Indicator Shows Ripple (XRP) Price Could be on the …

The crucial factor for Ripple is the need to break out of the falling wedge construction. Any bullish reversal will hinge on this happening.

XRP Price Analysis: Choppy Action Continues as Ripple …

XRP Price Analysis: Choppy Action Continues as Ripple …

It is currently fluctuating inside a falling wedge (in yellow), which technically is a bullish pattern. In an optimistic scenario, the bearish …

XRP Won't See $1 Again, Here's Why | Bitcoinist.com

XRP Won't See $1 Again, Here's Why | Bitcoinist.com

Selling Pressures: The Ripple company constantly unlocks XRP and sells it in monthly tranches. True, the sales are happening on OTC markets, and are not leading …

XRP Tries Breakout of 45 Day Falling Wedge, Can it Break $1 …

XRP Tries Breakout of 45 Day Falling Wedge, Can it Break $1 …

After months of consolidation under $0.50, XRP broke out and had a large pump to $1.95. Since then, it has been stuck in a downtrend along …

XRP United States Dollar – News – FX Empire

XRP United States Dollar – News – FX Empire

Ripple’s XRP Price Stuck Up in a Range, Will it Ever Cross $0.5 in 2022? … Above Key Resistance, BTC Forms Bearish Wedge, XRP Awaits Key Court Ruling.

XRP Price Analysis: XRP Tries Breakout of 45 Day Falling Wedge …

XRP Price Analysis: XRP Tries Breakout of 45 Day Falling Wedge …

After months of consolidation under $0.50, XRP broke out and had a large pump to $1.95. Since then, it has been stuck in a downtrend along with the rest of …

AltSeason to Explode Very Soon, XRP Price & DOGE Price to …

AltSeason to Explode Very Soon, XRP Price & DOGE Price to …

AltSeason has been much awaited for a pretty long time, and while some altcoins attempt to make a larger move, Bitcoin slashes hard, …