XRP bounced off a long falling wedge, logged a labeled “rebound”, and now glides within a widening channel. Multiple consolidation pauses plus higher lows keep momentum positive; watch the 740 USDT overhead zone as resistance where breakout traders may aim next.Trade active
XRP rebounds from 2.1 trend confluence, carving higher lows beneath descending resistance and eyeing the 2.5 breakout zone—triangle squeeze, bullish bias, support hold, resistance test and an optimistic price projection.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.