Hey XRP fam! Let’s break down this sizzling 1-hour chart. XRPUSDT is cooking up something big, and we’re on the edge of our seats!
We’re seeing a series of triangles forming, with XRP stuck in consolidation phases — each one tighter than the last. The price is currently testing the upper trendline of the latest triangle, sitting around $2.247 after bouncing off a solid support at $2.050. This setup screams potential breakout! I put on the chart a bold “Highway to Moon” arrow pointing upward, hinting at a possible surge toward $2.600 or beyond if XRP breaks free.
But let’s not get too starry-eyed — failure to break out could see XRP retreat to the support zone at $2.050, or even lower to $2.000 if things get shaky.
Key Levels to Watch:
Resistance: $2.299
Support: $2.2184
Breakout Target: $2.360+
Breakdown Risk: $2.000
Are we heading to the moon, or is this a fakeout? Let’s hear your thoughts below!