XRP Consolidation Continues: Expert Warns It's Not Over Yet
XRP investors are being told to remain patient as the asset consolidates in a tight trading range. According to finance expert Austin Hilton, XRP's recent surge has cooled down, and it is currently stuck in a consolidation phase.
Hilton identified the current trading range for XRP as between $1.34 and $1.50, describing it as 'chop' - a pattern of price action with no clear directional conviction.
He expects this consolidation to continue for some time and warns that XRP is 'simply not out of the woods yet.'
Hilton also pointed to the first two weeks of October as a critical window, tying it to the 12-month Bitcoin bear cycle. He believes that crypto needs to 'get through' this timeframe.