XRP Price Today: Breakdown Or Breakout After 10 Weeks Of Sideways Trading?

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XRP Price Today: Breakdown Or Breakout After 10 Weeks Of Sideways Trading?

The post XRP Price Today: Breakdown Or Breakout After 10 Weeks Of Sideways Trading? appeared first on Coinpedia Fintech News

XRP is heading into its tenth straight week trading inside a parallel channel between $1.25 support and $1.55 resistance. Analyst ChartNerd said the token recently bounced off the lower edge of the channel and climbed toward the midline, but sellers pushed it back at the daily 20 and 50 exponential moving averages. That rejection comes …