📊 Technical Analysis
● XRP is climbing inside a rising channel (green) that has developed on top of the former $2.05‑2.15 demand zone; successive higher lows along the blue trend‑line confirm fresh bullish structure.
● Price has already cleared the long‑standing wedge roof; holding above the channel mid‑line keeps $2.60 resistance (red) in focus.
💡 Fundamental Analysis
● A U.S. judge has ordered the SEC and Ripple to enter a pre‑trial settlement conference before 31 May, fuelling speculation that the multi‑year case could end with a fine rather than a ban—boosting institutional appetite for XRP.
✨ Summary
Rising‑channel momentum plus hopes of a favourable Ripple‑SEC resolution support a push from $2.45 toward $2.60‑2.75.
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● XRP is climbing inside a rising channel (green) that has developed on top of the former $2.05‑2.15 demand zone; successive higher lows along the blue trend‑line confirm fresh bullish structure.
● Price has already cleared the long‑standing wedge roof; holding above the channel mid‑line keeps $2.60 resistance (red) in focus.
💡 Fundamental Analysis
● A U.S. judge has ordered the SEC and Ripple to enter a pre‑trial settlement conference before 31 May, fuelling speculation that the multi‑year case could end with a fine rather than a ban—boosting institutional appetite for XRP.
✨ Summary
Rising‑channel momentum plus hopes of a favourable Ripple‑SEC resolution support a push from $2.45 toward $2.60‑2.75.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +6.3%
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.