xRP remains stuck inside the descending channel pattern, indicating that the bears are in control. The bulls will have to propel the Solana price above the 50-day SMA ($152) to signal a potential trend change in the near term. The SOL/USDT pair could then ascend to $172 and subsequently to $190.
On the other hand, a break and close below the $126 level signals the resumption of the downward move. The pair may plummet to $100 and, after that, to the strong support at $95. $XRP
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
💰 #CryptoMarketRebound,
XRP price prediction
xRP remains stuck inside the descending channel pattern, indicating that the bears are in control.
The bulls will have to propel the Solana price above the 50-day SMA ($152) to signal a potential trend change in the near term. The SOL/USDT pair could then ascend to $172 and subsequently to $190.
On the other hand, a break and close below the $126 level signals the resumption of the downward move. The pair may plummet to $100 and, after that, to the strong support at $95.
$XRP