XRPUSD Paul Barron reported Japan is about to go all in on XRP in anticipation of it wrapping up its SEC suit and hinting it there might bean IPO soon. i'm getting intrigued
XRPUSD 🔥 FinCaesar’s Commands: 🩸 Resistance: 2.24. Breaking above this level could ignite a rally toward 2.50 and 2.80. 🩸 Support: 2.10. A drop below exposes XRP to further weakness toward 1.80.
🔥 FinCaesar’s Strategy: 🩸 Buy: Above 2.24, targeting 2.50 and 2.80. Look for volume confirmation to avoid false breakouts. 🩸 Sell: Below 2.10, aiming for 1.80. Protect capital as momentum shifts downward.
👑 "Opportunities belong to those who act boldly and without hesitation." — FinCaesar
XRPUSD If you want to feel calmer, just zoom out. Pick a 3-month chart. From there, you will see beautiful W formation. Then choose weekly chart and you will see retest of middle top. After you see this, it will be much clearer that 2025 will be a huge year for XRP. Don't panic, markets needs to retrace time to time because it's healthy behaviour. Be patient and do not take corrections too seriously.
XRPUSD The XRP daily chart continues to show we are still within a symmetrical triangle pattern, suggesting a period of consolidation with potential for a breakout in either direction. The price remains near the lower boundary of the triangle, testing support around $2.00. Volume is steadily declining, a common characteristic of a consolidation phase. The RSI (14) is near 50, indicating neutral momentum but with a slight bearish tilt as it trends downward. The SMA indicators show the price is slightly above the 200-day SMA, a potential longer-term bullish sign, but the 7-day SMA is trending down, reflecting short-term weakness.
A bullish breakout above $2.50 with strong volume could target $3.00 and beyond. Conversely, a bearish breakdown below $2.00 could lead to a retest of $1.80 or lower.
Considering that we are in a bull market, under the first-ever crypto-friendly administration, with governments and major companies beginning to adopt crypto, Gary Gensler stepping down, and all signs pointing to everything converging for 2025 to be a great year, the odds overwhelmingly favor a bullish breakout.