XRP has successfully retested the breakout level from its previous accumulation zone, showing strong bullish momentum.After spending months consolidating in a tight range, price finally broke out with a sharp rally. The recent pullback found support right at the top of the old range, a classic breakout retest, and buyers stepped back in.
This retest confirms the breakout’s strength and could set the stage for the next leg up, with bulls now eyeing higher targets as long as price holds above the former resistance zone.
DYOR, NFA
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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.