📊 Technical Analysis
● A third rebound from the rising purple support (green dots) printed a bullish engulfing that has already forced price back above the short-term grey down-trend, signalling a momentum shift.
● XRP is now coiling inside a contracting triangle capped by the purple resistance line near 2.40; the 18 ¢ consolidation width implies 2.45 on a break, while the April pivot at 2.65 lines up with the upper channel for the next objective.
💡 Fundamental Analysis
● Ahead of the 23 July SEC – Ripple status hearing, HSBC’s digital-asset unit announced a pilot using XRP for cross-border settlement, lifting social volume and spot bids.
✨ Summary
Buy 2.10-2.20; confirmed close above 2.40/2.45 targets 2.60-2.65. Thesis void on a 16 h close below 1.98.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
● A third rebound from the rising purple support (green dots) printed a bullish engulfing that has already forced price back above the short-term grey down-trend, signalling a momentum shift.
● XRP is now coiling inside a contracting triangle capped by the purple resistance line near 2.40; the 18 ¢ consolidation width implies 2.45 on a break, while the April pivot at 2.65 lines up with the upper channel for the next objective.
💡 Fundamental Analysis
● Ahead of the 23 July SEC – Ripple status hearing, HSBC’s digital-asset unit announced a pilot using XRP for cross-border settlement, lifting social volume and spot bids.
✨ Summary
Buy 2.10-2.20; confirmed close above 2.40/2.45 targets 2.60-2.65. Thesis void on a 16 h close below 1.98.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.