🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
On the one-hour chart, XRP exhibited a short-term pullback from its recent high of $2.439 to a consolidation zone around $2.40. This minor correction appears to be driven by profit-taking rather than a fundamental shift in sentiment. The price remained range-bound between $2.38 and $2.42, with gradually declining volume—a technical indicator of healthy consolidation. A breakout above $2.44, accompanied by a volume surge, would signal renewed momentum and a potential continuation of the upward trend. On the four-hour chart, the trend displayed strong bullish characteristics, as evidenced by a consistent pattern of higher highs and higher lows. The recent breakout from $2.077 to $2.439 occurred swiftly, underscoring aggressive buying interest. Currently, the asset is consolidating around $2.40, which could be forming a bullish flag—a classic continuation pattern. This setup supports the likelihood of a breakout above current resistance levels.