What’s Next for Ripple’s Price as Whales Start an XRP Sell-Off
XRP is trading around $2.41, up slightly over the past 24 hours. While the price remains within a defined range, recent signals from several market watchers suggest a possible shift in direction. However, the likelihood of a correction appears firmer at the moment.
Technical Setup Suggests Room for Upside
XRP continues to move within an ascending channel that has held since late 2024. According to ChartNerd, the asset is currently testing support at the lower end of that channel, near $2.40. On the weekly chart, the MACD histogram shows a series of higher lows, even as the price trends sideways—often read as a sign of building momentum.
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What’s Next for Ripple’s Price as Whales Start an XRP Sell-Off
XRP is trading around $2.41, up slightly over the past 24 hours. While the price remains within a defined range, recent signals from several market watchers suggest a possible shift in direction. However, the likelihood of a correction appears firmer at the moment.
Technical Setup Suggests Room for Upside
XRP continues to move within an ascending channel that has held since late 2024. According to ChartNerd, the asset is currently testing support at the lower end of that channel, near $2.40. On the weekly chart, the MACD histogram shows a series of higher lows, even as the price trends sideways—often read as a sign of building momentum.
Читать больше
Top Ripple (XRP) Price Forecasts, Zcash’s (ZEC) Rally, and More: Bits Recap Oct 24