XRP has broken out of a multi-month falling channel and is showing early signs of a macro bullish shift. However, price has printed a series of strong green candles, so waiting for a clean retest before entry is advised.
Key Levels:
Support Zones: 2.5384 | 2.00 | 1.8675
Resistance Zones: 2.8340 | 4.2963 | 7.5311 | 11.9874 | 18.7488
Breakout Level: 2.5384 (channel breakout and current structure retest area)
Setup Strategy:
Entry (Ideal): On retest near 2.53–2.60 support zone
Stop Loss: Below 2.00 (or tighter depending on risk appetite)
Target 1: 4.2963
Target 2: 7.5311
Target 3: 11.9874
Target 4 (Final): 18.7488
Upside Potential: Over 600% if the structure plays out fully
Structure Insight:
Multi-month falling channel breakout confirmed
Continuous green candles suggest short-term overextension
Safer entry lies in retest and hold of the breakout zone
Long-term accumulation zone forming between 2.53–2.83
This setup favors long-term investors and swing traders waiting for a macro move. Let the price come to you — avoid chasing.
DYOR | Not Financial Advice
#XRP #Ripple
Key Levels:
Support Zones: 2.5384 | 2.00 | 1.8675
Resistance Zones: 2.8340 | 4.2963 | 7.5311 | 11.9874 | 18.7488
Breakout Level: 2.5384 (channel breakout and current structure retest area)
Setup Strategy:
Entry (Ideal): On retest near 2.53–2.60 support zone
Stop Loss: Below 2.00 (or tighter depending on risk appetite)
Target 1: 4.2963
Target 2: 7.5311
Target 3: 11.9874
Target 4 (Final): 18.7488
Upside Potential: Over 600% if the structure plays out fully
Structure Insight:
Multi-month falling channel breakout confirmed
Continuous green candles suggest short-term overextension
Safer entry lies in retest and hold of the breakout zone
Long-term accumulation zone forming between 2.53–2.83
This setup favors long-term investors and swing traders waiting for a macro move. Let the price come to you — avoid chasing.
DYOR | Not Financial Advice
#XRP #Ripple
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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.
Related publications
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.