Ripple Price Analysis

Ripple (XRP) Price Analysis: Bullish Break and Retest

Ripple was previously consolidating inside a descending triangle on its 1-hour time frame but broke to the upside to signal that bulls have won out. Price hit a ceiling around the 0.3600 level, though, and a pullback may be needed to gather more energy for a rally. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level is closest to the broken…
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