ETF News Evokes 2017 MemoriesXRP explodes after 7 years, ETF talks increase, the lawsuit continues, and whale buying activity strengthens.
The XRP/BTC Breakout Ends 7 Years Of Consolidation
XRP has broken out of the price range it held against Bitcoin for nearly seven years. According to cryptocurrency analyst Cas Abbé, the XRP/BTC pair has been consolidating since 2018, with price volatility mainly moving sideways during that period. This pair has now surpassed the long-term resistance level around 0.000035 BTC, a threshold maintained during most of the consolidation phase.
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