Possible Scenarios For Ripple
Currently, XRP is oscillating within a price channel, and no decisive move has been made either upward or downward. This channel is defined by a clear top and bottom, with a potential supply zone above, which could influence future price action.
Possible scenarios:
Break above the channel: If the price manages to break above the channel, it may approach the higher supply zone. At this point, it would be important to observe how the price reacts to this level.
Reaction to the supply zone: After reaching the supply zone, the price might face selling pressure and move back towards the lower support levels within the channel.
Possible scenarios:
Break above the channel: If the price manages to break above the channel, it may approach the higher supply zone. At this point, it would be important to observe how the price reacts to this level.
Reaction to the supply zone: After reaching the supply zone, the price might face selling pressure and move back towards the lower support levels within the channel.
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