Altcoin XRP Breaks Down From Symmetrical Triangle, Still Market Structure Remains Strong
- Altcoin XRP breaks down from symmetrical triangle.
- Still market structure remains strong for the Ripple native token.
- XRP is set to his $0.8 before surging back up to massive new highs.
The crypto market sees a continued sideways movement across its assets, despite the growing call for a final price dump before the bear market can come to an end. Also supporting the start of the bull market call are several altcoins showing bullish indicators across their price charts. Recently, altcoin XRP breaks down from symmetrical triangle while still holding a strong market structure.
Altcoin XRP Breaks Down From Symmetrical Triangle
The price of the popular altcoin XRP, Ripple’s native token is currently trading at the $1.07 price range, according to CoinMarketCap analytics. This means that XRP failed to hold on to a higher price range that was critical to holding a certain resistance level. Now, analysts believe that XRP has one final dip in prices before the inevitable bullish surge can play out, which could take the asset to new ATH prices.
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