XRP has recently completed a Cup and Handle pattern, which is a strong bullish continuation signal often seen before major upward moves.
Key technical insights:
✅ Cup and Handle structure formed successfully.
✅ Price is currently consolidating inside a falling channel (handle).
✅ A breakout above the handle could trigger bullish momentum toward the $3.80 resistance area.
📈 If buyers sustain momentum, XRP may extend gains toward the psychological $4.00 level.
On the downside, if price fails to hold, support can be found around $2.50–$2.00 levels.
This setup suggests XRP may be gearing up for the next bullish leg if it manages to break and sustain above the handle resistance.
This analysis is for educational purposes only and should not be considered financial advice. Always manage risk properly before entering trades.
Key technical insights:
✅ Cup and Handle structure formed successfully.
✅ Price is currently consolidating inside a falling channel (handle).
✅ A breakout above the handle could trigger bullish momentum toward the $3.80 resistance area.
📈 If buyers sustain momentum, XRP may extend gains toward the psychological $4.00 level.
On the downside, if price fails to hold, support can be found around $2.50–$2.00 levels.
This setup suggests XRP may be gearing up for the next bullish leg if it manages to break and sustain above the handle resistance.
This analysis is for educational purposes only and should not be considered financial advice. Always manage risk properly before entering trades.
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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.
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
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.