XRP/BTC Chart Signals Imminent Breakout After Prolonged Consolidation 📈
XRP's relationship with Bitcoin is poised for a potential breakout, as reflected in the XRP/BTC weekly chart. The cryptocurrency has been trading within a tight range, indicating a significant move may be imminent. Historically, similar patterns have led to breakouts, particularly following the late 2024 trend.
XRP is trading near the lower boundary of its channel, with buyers defending key support levels at 0.0000215-0.000022 BTC. The tightening of Bollinger Bands further suggests an upcoming spike in volatility.
Source: www.tokenpost.com ↗
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