๐ $XRP Eyes Breakout From Bullish Pennant โ Will It Confirm?
XRP ($XRP ) is consolidating just under key resistance at $2.4371, showing a bullish pennant formation after a solid +4.76% daily gain. The price is coiling between $2.4371 and $2.4017, with strong volume ($452.45M) and EMAs tightly packedโsignaling a big move ahead. Traders are watching for a breakout or breakdown to set the next trend.
Trade Setup:
Buy Zone: Break and hold above $2.4371
Stop Loss: Below $2.4010
Target 1: $2.4398 (scalp level)
Target 2: $2.4800 (psychological resistance)
Alternative Setup (Short):
Entry: Below $2.4017
Stop Loss: Above $2.4210
Target: $2.3446
#XRP #Ripple #XRPUSDT ๐ #CryptoTrading #PennantBreakout $XRP