According to his weekly candlestick timeframe chart, XRP has already experienced two major bullish phases in the current cycle since July 2024. However, its price has spent the last 16 weeks or so in sideways consolidation, but this is seen to be a resting phase before a new leg up.
Until then, the cryptocurrency is in an accumulation phase. At the time of writing, XRP is trading at $2.29, down by 0.3% in the past 24 hours.
