XRP buy alert ahead of potential 21% rally
Photo: Finbold
XRP’s three-week 16% drop from September 23 highs near $1.57 to $1.32 at press time on October 15 might be nearing its end, per the analysis shared by the popular trading expert Ali Martinez on X . Specifically, the on-chain analyst claims to have identified a parallel channel that the cryptocurrency has been moving in and concluded the token might soon test a critical support zone. Indeed, XRP might extend its latest losses to the lower boundary of the chart pattern it has formed – $1.25 – before bouncing from it.
Source: Finbold
