๐จ $XRP : 'What Next ?' ๐จ
๐ธ Descending wedge breakout โ classic bullish textbook pattern
๐ธ Breakout confirmed with volume surge & resistance flip at:
โโโข 2.092 โ
โโโข 2.131 โ
โโโข 2.154 โ
๐ธ Local high rejection at 2.26 โ forming bullish continuation structure
๐ธ Currently retesting 2.154โ2.184 zone โ key support range
๐ธ Bollinger Bands tightening โ volatility squeeze incoming ๐
๐ Bullish Continuation (High Probability):
๐น Holding above 2.154 = continuation likely
๐น Breakout above 2.184 may push XRP to:
โโโข Short-term target: 2.24 ๐
โโโข Extended target: 2.2739 ๐ฏ
๐น Structure shows higher highs & higher lows
๐น Perfect impulse โก๏ธ correction โก๏ธ impulse setup forming
โ ๏ธ Bearish Pullback (Less Likely):
๐ธ Drop below 2.154 could test:
โโโข 2.131
โโโข 2.119
๐ธ Losing 2.092 would invalidate bullish setup
๐ธ Deeper drop targets: 2.060โ2.045
๐ Textbook Patterns Spotted:
โ Descending wedge breakout
โ Support/resistance flips
โ BB mid-band bounce
โ Bullish wave structure
๐ง Whatโs Likely Next?
๐ Bounce from 2.154โ2.184 zone
๐ Push toward 2.24โ2.27 range
๐ Momentum & structure support bullish move ๐ฅ
๐ Key Levels:
Support: 2.1549 ๐ก๏ธ | 2.131 | 2.092
Resistance: 2.1848 | 2.24 | 2.2739 ๐
๐ข Summary: XRP is retesting support after breakout. If 2.154 holds, expect bullish continuation to 2.24+ ๐ฏ
#Xrp๐ฅ๐ฅ #XRPPredictions #BinanceSqaure #TechnicalAnalysis #WedgePattern ๐๐๐