### XRP: Eyeing $2.49 Break
**Price Update:**
- **From $0.50 to $2.50**: Since October 31st, XRP has surged from $0.50 to challenge $2.50.
- **Recent Performance**: Up from $1.60 on November 23rd to now, a 56% increase in under 10 days.
**Upcoming Catalyst:**
- **Brad Garlinghouse on 60 Minutes**: Date TBD, could spotlight XRP.
**Technical Insight:**
- **Pattern**: Symmetrical triangle or pennant forming with HL and LH.
- **Breakout Potential**: Watch for a decisive close above $2.50 for bullish signals.
**Strategy:**
- **Long**: Break above $2.50? Enter with stop loss below.
- **Short**: If rejected at $2.50, consider shorting with stop loss above.
**Disclaimer:** Not investment advice. Do your own research.
**Price Update:**
- **From $0.50 to $2.50**: Since October 31st, XRP has surged from $0.50 to challenge $2.50.
- **Recent Performance**: Up from $1.60 on November 23rd to now, a 56% increase in under 10 days.
**Upcoming Catalyst:**
- **Brad Garlinghouse on 60 Minutes**: Date TBD, could spotlight XRP.
**Technical Insight:**
- **Pattern**: Symmetrical triangle or pennant forming with HL and LH.
- **Breakout Potential**: Watch for a decisive close above $2.50 for bullish signals.
**Strategy:**
- **Long**: Break above $2.50? Enter with stop loss below.
- **Short**: If rejected at $2.50, consider shorting with stop loss above.
**Disclaimer:** Not investment advice. Do your own research.
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.
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.