XRP Poised for a Massive Movement if it Confirms This One Technical Pattern

XRP has been struggling to surmount the resistance that has been established around the $0.20 for the past couple of days, with the crypto currently entering a bout of consolidation as Bitcoin trades sideways within the lower-$7,000 region. This lackluster trading, however, is unlikely to last for too long, as analyst are now widely noting that they anticipate the cryptocurrency to make a big movement in the near-term. One analyst is noting that although XRP is flashing some signs of overt weakness on its daily chart, its mid-term outlook may be bolstered by a few bullish technical formations that it is currently caught within.

XRP Consolidates Below $0.20 as Technical Outlook Grows Foggy

At the time of writing, XRP is trading down nominally at its current price of $0.198, which is around the point at which the cryptocurrency has been trading at throughout the past couple of days. Read More...

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