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Coin Edition 2025-04-18 07:30:00

XRP Prediction April 19: BB Squeeze Builds Energy, Bulls Target $2.24 Next

XRP Prediction April 19: BB Squeeze Builds Energy, Bulls Target $2.24 Next

XRP is consolidating inside a symmetrical triangle, with a major breakout likely above $2.24 or below $1.87. Hashkey has launched the HashKey XRP Tracker Fund, the first product focused on XRP in Asia. Ripple has been named as an early stage investor in the HashKey XRP Tracker Fund. XRP faces a critical decision point on the charts this Friday, April 18th. Its price is tightening dramatically, squeezed inside a symmetrical triangle pattern between converging trendlines. While the Balance of Power (BOP) indicator reads negative and trading volume dropped 30% in the past 24 hours, XRP trades at $2.06 , attempting to reclaim the 20-day EMA at $2.09. What Does the Symmetrical Triangle Suggest for XRP? On the daily chart, XRP is consolidating inside a symmetrical triangle. This classic chart pattern reflects indecision and a potential buildup of energy for a breakout. The apex of the triangle is fast approaching, suggesting that a decisive move is likely within days. Source: TradingView Currently, XRP is trading near $2.06, with resistance at the descending trendline around $2.24, and support at the ascending base near $1.87. A breakout above $2.24 c… The post XRP Prediction April 19: BB Squeeze Builds Energy, Bulls Target $2.24 Next appeared first on Coin Edition .

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