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XRP Price Consolidation Hints at Potential Five-Wave Advance

Guavy AI Editorial Team
Instruments
XRP
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XRP's price has been consolidating around $1.35-$1.40 after a sharp recovery in August, and analysts are watching to see if it can establish a sustainable base above its recent lows.

One technical analyst, Fractical, has identified a 13-month cycle that suggests XRP may be at the bottom of this cycle, with a potential five-wave advance over the next 13 months.

However, the price still faces resistance near $1.40, and shorter-term momentum indicators show buyers have yet to gain decisive control.

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