XRP price analysis
XRP closed below the 20-day EMA ($2.23) on Dec. 26, suggesting a likely drop to the support line.
The XRP/USDT pair is expected to trade between the support and resistance lines of the symmetrical triangle pattern for some time.
The flat 20-day EMA and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears.
The next trending move is likely to begin after the price breaks above or below the triangle.
A breakout of the resistance line could propel the pair to $2.91, while a break below the support line will suggest that the pair may have topped out in the short term. The pair may then decline to $1.62.
