Crypto
XRP Price Consolidates at Key Levels Ahead of Potential Breakout
The XRP price has been consolidating between $1.30 and $1.53, a range that could determine its near-term direction.
Crypto analyst Ali Martinez identified a nearly decade-long ascending triangle on the monthly chart, with $3.66 serving as the key resistance level.
A breakout above this barrier would confirm the pattern and activate a much higher technical target near $60, but XRP needs to reclaim $1.42 and overcome the $1.47-$1.53 resistance cluster first.
The token is trading around $1.40, with key support at $1.37-$1.39.