XRP snapped a year-long down-sloping barrier, rocketed to 2.65 USDT, and is recharging in a slanted box whose floor sits on the 2.40 trend confluence. Hold that hinge and the next swing could tunnel into the 2.90-3.00 sell zone; surrender it and 2.20 becomes the logical rebound trench while the macro channel still tilts higher. Trade active
XRP completed a sharp V-thrust to 2.65 k, paused in a rising wedge, and is consolidating above the 2.40 pivot. Keep that pivot and the structure targets 2.90-3.00 supply overhead. Slip back and the 2.20 trendline should catch without derailing the broader recovery channel. 📊
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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.