XRP / Tether
XRP Update: Strong Bullish Foundation is Forming 🔍
The 3-Feb low has once again proven its importance. XRPUSDT pierced below it, only to close above—a classic shakeout move. Yesterday’s green session created a higher low vs. April 7, giving us an early sign that the low is in.
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Technical Breakdown: Double-Bottom Confirmed ✅
Double-bottom structure in place
Long-term support tested and respected
Sideways consolidation for over 4 months
Yesterday’s green candle erased previous red sessions
Weekly timeframe: Hammer candle—a strong early reversal signal
➡️ Entry Levels for Active Traders:
$1.75 – $1.96 (8X LONG in play—experts only)
This range offers a high-reward opportunity for those prepared to manage risk.
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Why This Move Matters ⚙️
We’re not just seeing technical strength in XRP—the entire market structure is aligning:
Cardano showing similar double-bottom, but with a higher low
Bitcoin is back above $80K—bullish and strong
Nvidia and SPX are also rallying, signaling macro bullish sentiment
The 4-month correction looks complete across sectors
This is not a bearish setup—it’s a sideways accumulation phase before the next leg UP.
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Historical Echo: November 2024 All Over Again? ⏳
XRP’s move began in early November 2024, gaining momentum through December and slowing in January before correcting.
What we’re seeing now is a consolidation of that run—and once this base finishes forming, the market will likely resume its bullish path.
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Final Thoughts for the Binance Square Family 🧠
We’ve been through this before. XRPUSDT is not breaking down—it’s building up. The signs are textbook bullish:
Sideways base
Failed bear attempts
Marketwide support
This is not financial advice, but if you’ve been waiting for confirmation, this might be it. Experts may go long—others may want to start accumulating.
When XRP moves, it moves fast.
Be ready. Stay alert. And as always—manage your risk like a pro.
