✅ Entry Zone: $2.00 – $2.20
🎯 Targets:
• T1: $3.36
• T2: $3.96
• T3: $4.69
🔻 Stop Loss: $1.85
🔍 Technical Insight:
XRP is testing a strong weekly support zone, forming a potential reversal structure. The descending wedge appears to be nearing its apex, hinting at a bullish breakout. Fibonacci retracement levels align with the support area, further confirming a possible upward move.
📌 Strategy:
Wait for bullish price action or breakout confirmation from the wedge pattern. This setup suggests a high-reward opportunity with conservative risk if the structure holds.
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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.