XRP Price Consolidating Above Support; Whale Accumulation and Technical Pattern Signal Possible Breakout
• XRP price has traded in a narrow range without volatility since August 2022 • Price is consolidating above key horizontal support around $0.58 • XRP is trading inside a symmetrical triangle pattern since July, which could break out or break down • XRP whales recently accumulated 360 million tokens, which could impact price volatility • Technical analysis shows XRP could see a 30% price surge if it breaks out from the triangle pattern