Is $XRP the Coiled Spring About to Unleash? Let’s Break It Down! 🚀🔥
Current Price: 2.3329 (+1.02%)
XRPUSDT Perp: 2.3304 (+1.04%)
XRP is winding up like a coiled spring above a major trendline — and this setup screams breakout incoming! 📈⚡
We’ve seen steady higher lows since late 2024, and price is now tightening near the key resistance zone. A clean break above $2.70 could send XRP flying to $3.50 and even $5.00+ 🚀
Here’s What’s Fueling the Setup:
Trendline Support: Clean bounce from ~$2.00, higher lows since Nov 2024 ✅ Resistance Zone: Horizontal wall at $2.70 is the breakout trigger 🔓 RSI: Neutral at ~50.88, resetting for a fresh move 🔄 MACD: Bullish crossover — momentum is building slowly 📊 Volume: Declining — typical before major breakout moves ⏳
Entry Zones to Watch:
Buy Zone: $2.00–$2.20 (perfect dip area) 💸 Breakout Add-On: Over $2.70 with strong volume confirmation ✅🔥
Risk Management is Key!
The longer XRP holds above the trendline, the stronger the eventual move. Stay sharp, stay smart! ⚠️