💰 #XRP is repeating the movement of #SOL
I see clear similarities between Ripple and SOL.
As we can observe, the consolidation above the key level of ~$2.00 before April occurred in a "compression" format. This is a bearish variant against the previous trend. Such formations tend to function very weakly, as I mentioned earlier.
As a result, a "false breakout" occurred with a liquidity withdrawal below the level of ~$2.00 📉. Subsequently, the price returned above, remaining in the previous consolidation.
The most likely movement is towards the upper limit of the previous sideways range, as well as towards the levels of ~$2.57 and ~$2.75 🎯
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