XRP price has been trading within a tight consolidation range for the last three months, and investors are now eyeing the next catalyst that will spark a
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XRPs price is consolidating within a range of $2.06 to $2.60 for over three months.
Nearly $60 million worth of long positions will be wiped if XRPs price drops just 4% and sweeps $2.063.
The Fed‘s decision and tone could impact XRP’s price, with a hint at easing or rate cuts potentially alleviating bearish pressure.
Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts.
A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise.
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