$XRP – Rising Wedge Spotted on the 45-min Chart

A rising wedge is forming on the $XRP chart, and it’s worth watching closely. This pattern often signals a potential bearish reversal — especially when it appears after a sharp move up like we just saw.

Here’s the setup:

Pattern: Rising Wedge (bearish)

Resistance: Around $2.60

Support: ~$2.55 zone

Breakdown trigger: Close below the wedge support

If price breaks down with volume, we could see a pullback toward the $2.48–$2.45 range. On the flip side, reclaiming $2.60 with momentum might invalidate the bearish case.

Stay sharp — wedge breakouts (or breakdowns) can move fast!