XRP price slowly forms a bullish pattern amid good Ripple news
XRP price remains in a deep bear market after erasing billions of dollars in value in the past few months despite some notable news. This pullback may end soon amid key Ripple news and as a bullish pattern forms.
Summary
- XRP price has formed an inverse head-and-shoulders pattern.
- Ripple Labs received a national banking charter last week.
- XRP ETF inflows have continued this month.
Ripple (XRP) token dropped to the important support at $2, down by over 40% from its highest point this year. It has lagged behind the performance of other tokens like Bitcoin and Ether.
XRP price remained under pressure even after a major milestone by Ripple Labs, which received a
