Ripple’s XRP has been consolidating in a horizontal channel since August 18, but market momentum appears to be shifting in favor of the bulls. On-chain data highlights a steady uptick in the demand for the altcoin, suggesting that, despite the relative balance between bears and bulls, buying pressure is beginning to make a comeback. Range-Bound XRP Awaits a Decisive Move Readings from the XRP/USD one-day chart highlight the token’s muted price action. Since August 19, it has been confined within a horizontal channel
source: https://beincrypto.com/xrp-price-eyes-breakout-as-demand-grows/