💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Analysis: XRP has fallen below the "rising wedge" support and may face potential pullback risks in the near future.
The breakout of the “rising wedge” pattern of XRP in the technical pattern suggests that the recent rally at $1.60 may be over and sellers are back in control of the market, and the pattern consists of a gradual convergence of highs and lows, which usually signals a weakening of upward momentum and could trigger further declines if the price breaks below the lower band. XRP has now broken below the Ichimoku cloud support, reinforcing the bearish signal, and failure to break above the recent high of $2.18 could put the price at risk of falling back to the $1.6 support level. (CoinDesk)