XRP Price Prediction bI5N33

XRP Price Prediction: XRP Price Aims $1 As It Sails Higher Within A Rising Wedge

The slow and steady recovery in Ripple(XRP) price approaches the $0.8-$0.9 resistance zone. The lack of strong bullish momentum and decreasing volume activity may tease a bearish reversal, but, in that case, the support trendline breakdown stands as a key confirmation for short-sellers.
Key points: 

The XRP price action narrowing within the wedge pattern
The daily-RSI slope rising with no signs of weakness
The intraday trading volume in the XRP is $2.07 Billion, indicating a 57.6% loss.

Source-Tradingview
On March 7th, the XRP/USDT pair rebounded from the $0.7 local support. However, the new recovery sets a low pace as it is confined within a rising wedge pattern. The coin is currently trading at the $0.84 mark, indicating an 18.58% gain from the bottom support.
The price action is gradually narrowing inside the two converging trendlines, suggesting a breakout is on its way. In addition, a rising wedge pattern usually boosts intense selling pressure when the price breaches the suppo

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We współpracy z: https://coingape.com/markets/xrp-price-prediction-xrp-price-sails-higher-within-a-rising-wedge/

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