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XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price

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  • XRP consolidates at $2.06, trapped between the 20/50 EMA cluster and descending triangle resistance as momentum stalls.
  • ETF inflows continue with $1.12 million on January 16, extending the streak to 11 consecutive days of institutional accumulation.
  • Derivatives data shows $5.82 million in long liquidations over 24 hours while long/short ratio tilts to 0.92, reflecting cautious positioning.

XRP price today trades near $2.06 as a descending triangle pattern compresses price action into a tightening range. The setup places buyers at a critical decision point, with triangle support at $2.04 holding while overhead resistance continues to fall.

Triangle Pattern Squeezes Price Action

The hourly chart shows a textbook descending triangle forming since January 14. Price has carved a series of lower highs from $2.19 down to …

Read The Full Article XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price On Coin Edition.

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XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP is flashing warning signs on the 4-hour chart after a sharp rally lost steam near...
Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash price today trades near $589.35 as sellers press the 50-day EMA after a ...

XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price

Share:

  • XRP consolidates at $2.06, trapped between the 20/50 EMA cluster and descending triangle resistance as momentum stalls.
  • ETF inflows continue with $1.12 million on January 16, extending the streak to 11 consecutive days of institutional accumulation.
  • Derivatives data shows $5.82 million in long liquidations over 24 hours while long/short ratio tilts to 0.92, reflecting cautious positioning.

XRP price today trades near $2.06 as a descending triangle pattern compresses price action into a tightening range. The setup places buyers at a critical decision point, with triangle support at $2.04 holding while overhead resistance continues to fall.

Triangle Pattern Squeezes Price Action

The hourly chart shows a textbook descending triangle forming since January 14. Price has carved a series of lower highs from $2.19 down to …

Read The Full Article XRP Price Prediction: Descending Triangle Tightens As ETF Inflows Fail To Lift Price On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.01

-2.12%

Share:

In This News

Coins

$ 2.01

-2.12%

Share:

Read More

XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP is flashing warning signs on the 4-hour chart after a sharp rally lost steam near...
Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash price today trades near $589.35 as sellers press the 50-day EMA after a ...