XRP coils between 2.10 footing and a falling roof after May’s breakout. Ripple price shows serial consolidation; punching through 2.50 unlocks the 2.90 supply block, while failure under 2.00 would stall the bulls’ script.Trade active
XRP keeps punching out higher lows against a six-week descending roof, sculpting an ascending triangle right beneath 2.35. A daily candle that settles above that shelf activates the 0.618 Fibo extension at 2.55, with momentum likely accelerating on short-covering. Failure to defend the diagonal base at 2.10, however, completes a rising-wedge breakdown and could wash price to the high-volume node at ~1.98 before stronger buyers emerge.
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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.