XRP price completed a clean wedge breakthrough at 2.5 USDT, snapped back for a textbook retest on the same line, and has since printed a series of higher lows. Momentum favors continuation toward the 2.9‑3 k supply shelf shaded on the chart. Failure to hold the reclaimed trendline would neutralize, but not yet reverse, the present bullish bias.
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XRP pierced a five-month symmetrical triangle in early May, then wicked perfectly back to the breakout line near 2.2 USDT — a classic retest now labelled on the chart. The rebound is carving higher lows against that support, suggesting stored energy for a measured move toward the 2.8-2.9 USDT resistance band. A close beneath the retest level would neutralise the immediate bullish bias, but trendlines below still lean upward.
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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.