XRP steadies near $1.32 as failed breakout keeps focus on narrowing trading range
Hex37's read
- XRP consolidates near $1.32 after failing to break above $1.36.
- Traders are observing the narrowing trading range for a potential breakout.
- The cryptocurrency has been in a consolidation phase for months.
What it means for traders
- A sustained break above $1.36 could signal a significant upward move for XRP.
- A break below the lower bound of the consolidation range may lead to further price declines.
Affected markets
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