Hi all! The time has come to look at the graphs associated with the #XRP coin and, based on the collected data, answer the question: should we expect a pump in the near future, how will this be confirmed, and what will contribute to this, we will discuss further. On the fiat chart, the XRP price since May 2022 has been in the liquidity collection zone with two significant reaction zones - $0.2917-0.3215 for buyers and $0.5133-0.5342 for sellers. This consolidation movement, forming a squeeze to the upper border of the resistance zone ($0.5133-0.5342), is similar to what happened from July 2019 to November 2020 and lasted no less than 500 days. In the current period, we can observe the intention of buyers to break through the upper limit of the resistance zone, and if it consolidates above it, the strength of buyers and intentions to drive the price down to $1 will be confirmed. Among other things, we can notice that the current consolidation phase is passing above the liquidity collection zone of 2019-2020. An important role in making a trading decision in favor of a long position was played by the 4-year consolidation paired with #BTC. It is also worth considering that with the growth of project capitalization and an increase in constant circulation, it takes much more time than before to prepare for a rally, which you can observe in the identified consolidation phases, which stretch out with each period. At the moment, the main trigger, I am more than sure, will be the completion of the trial with the SEC in favor of XRP, since it is precisely because of this that the price of XRP can still be kept in the zone of interest of the buyer, and not the seller.

In conclusion, we take a look at the monthly chart of XRP dominance - #XRP.D. On it we can highlight a liquidity collection phase similar to the pair #BTC , confirming the acquisition of a position at the minimum acceptable percentage values ​​for dominance. Taken together, the data from the presented charts indicate that there is potential for growth of XRP to $1, and possibly much higher, with a positive outcome in terms of proceedings with the SEC, as well as the price exiting the 4-year consolidation phase in pairs with BTC. #Greenload