🚀📈 XRP Bullish Continuation Eyes Key Resistance at $3.34 💥🧠
XRP is showing remarkable strength as it continues to push higher within a well-defined ascending channel. On the 8H chart, we can see price breaking through mid-channel resistance, now retesting the zone around $2.84. This level acted as both a prior resistance and now potentially a launchpad for the next leg up.
The structure suggests:
🔹 A breakout retest scenario, confirming bullish continuation
🔹 Immediate resistance at $3.34, followed by the upper boundary of the channel near $3.77
🔹 Strong support from the dynamic trendline and former breakout zone
The 15-min Heikin Ashi view reinforces momentum: price is respecting the ascending trendline and holding above key breakout levels.
📊 As long as price holds above $2.84, this breakout remains valid, with the potential to target the upper channel resistance.
Technical traders may be watching for:
✅ A bullish engulfing or confirmation candle near current levels
✅ Volume spike on retest bounce
✅ Divergence or RSI confirmation on lower timeframes
Patience pays when structure aligns. Let's see if XRP delivers the full move.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
XRP is showing remarkable strength as it continues to push higher within a well-defined ascending channel. On the 8H chart, we can see price breaking through mid-channel resistance, now retesting the zone around $2.84. This level acted as both a prior resistance and now potentially a launchpad for the next leg up.
The structure suggests:
🔹 A breakout retest scenario, confirming bullish continuation
🔹 Immediate resistance at $3.34, followed by the upper boundary of the channel near $3.77
🔹 Strong support from the dynamic trendline and former breakout zone
The 15-min Heikin Ashi view reinforces momentum: price is respecting the ascending trendline and holding above key breakout levels.
📊 As long as price holds above $2.84, this breakout remains valid, with the potential to target the upper channel resistance.
Technical traders may be watching for:
✅ A bullish engulfing or confirmation candle near current levels
✅ Volume spike on retest bounce
✅ Divergence or RSI confirmation on lower timeframes
Patience pays when structure aligns. Let's see if XRP delivers the full move.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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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.
🌍 All in one place → fxprofessor.com
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
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.