$XRP Technical Outlook: Bullish Momentum Building

XRP just broke out of a descending wedge—a classic bullish signal. This could be the start of a serious uptrend.

Support Zones:

Primary support is holding strong around $2.00,

With additional support just above at $2.05.

Resistance Levels to Watch:

First hurdle: $2.40

If XRP breaks above that with volume, eyes are on $2.60, $3.00, and even $3.40 as potential targets.

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Trade Setup Ideas:

Entry Points:

Aggressive Buy: Between $2.18–$2.20, riding the breakout early.

Safer Play: Wait for a solid move above $2.40 with volume confirmation.

Take-Profit Zones:

TP1: $2.60

TP2: $3.00

TP3: $3.40

Risk Management:

Consider a stop-loss around $1.95, just below key support.

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Current Price (XRPUSDT Perp): $2.3823 (+1.02%)

Momentum is building. Stay sharp and trade with a plan.

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