XRP/USD | Bullish Breakout Confirmed – Upside Momentum Building

XRPUSD – Ready for the Next Leg Up?

Hello, traders!

XRP/USD is painting an exciting technical picture on the 4H chart, signaling a potential bullish breakout. Here’s a clean, structured breakdown of the key levels and scenarios to watch.

Key Observations:

✅ Descending Channel Breakout – After months of consolidation within a downtrend, XRP has decisively broken the upper trendline, hinting at a trend reversal.

✅ Strong Support Retest – Price is now retesting the breakout zone near $2.22, a former resistance turned support. A hold here could fuel the next bullish wave.

✅ Bullish Momentum Building – Multiple CHoCH (Change of Character) points suggest weakening bearish pressure, with buyers stepping in at higher lows.

✅ Next Targets – If the breakout holds, expect a move toward $2.47–$2.58, a key resistance zone where profit-taking may occur.

Two Possible Scenarios:

1. Bullish Case (Preferred)

-Price holds $2.22 support and bounces firmly.

- Upside continuation toward $2.48–$2.58 (previous highs).

- A brief pullback before further extension would be healthy.

2. Bearish Invalidation

- Failure to hold $2.22 could see a drop back into the $2.03–$2.18 range.

- A close below $2.00 would invalidate the bullish structure.

Final Thoughts:

XRP is showing strength and conviction after breaking key resistance. If bulls defend the $2.22 level, we could see a powerful move toward higher targets. Stay alert at these critical zones!

Trade smart, and let the trend be your friend! 🚀

(Chart included for visual confirmation – watch the retest!)

Would you like any refinements or additional details? Happy trading! 📈