implosion has turned into a prolonged consolidation in which most assets are moving in the neutral price range. But rangebound trading often fuels the growth and appearance of various chart patterns. dropped below the previously formed trading range, hence losing almost all the gains it had back in September and October. With the lack of new growth factors and some success in court, XRP lost most of its traction on the market and returned to the price level we saw prior to the price spike.
At the same time, we should note a slowly descending volume, which is a signal of a continuation of consolidation and ranging. If the trading volume returns to pre-pump levels andEthereum shows lack of momentum
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