XRP Dips Under $3: Analyst Warns $2.6 Or Even $2 Could Be Next
As XRP slides down over 5%, an analyst has highlighted the next possible targets for the asset, based on this technical analysis (TA) pattern. XRP May Visit These Levels Of A Parallel Channel Next In an X post on Sunday, analyst Ali Martinez pointed out how XRP was at risk of observing a further drop if it couldn’t reclaim the $3.3 level. Below was the chart shared by the analyst. In the graph, Martinez highlighted a Parallel Channel that XRP has followed since late last year. A Parallel Channel is a TA pattern that forms whenever the price of an asset consolidates between two....
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There’s already a turn in the tide for XRP, and this has naturally triggered more interest in the digital asset from investors. While there is still selling pressure from bears at this time, the XRP price continues to show bullish tendencies with the possibilities of more returns from here. However, a crypto analyst has warned […]