Trader Michael XBT Says $XRP Could Be Near Another Major Price Move After 2 Months of Consolidation. Michael XBT has urged traders to watch XRP closely, suggesting that its prolonged consolidation could be setting the stage for another major price move. XRP has been consolidating since its 70% rally in August, which came shortly after the token dropped to $0.98. Michael previously said he was accumulating XRP and claimed to have anticipated its drop below $1 and subsequent rebound. However, he has not given a target price or timeline for another move. At the time of the report, XRP was trading at $1.32, up 2.25% over 24 hours but down 11% over the past month. Analyst Ali Martinez identified $1.25 as key support, with a possible recovery to $1.40 if the level holds. #Ripple https://t.co/lX6lBOHM43