๐Ÿš€ $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 packedโ€”signaling 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

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