โ๏ธโ๏ธ ๐ซ๐ฅ๐ฃ/๐จ๐ฆ๐๐ง โ ๐ง๐ต๐ฒ ๐ฆ๐น๐ฒ๐ฒ๐ฝ๐ถ๐ป๐ด ๐๐ถ๐ฎ๐ป๐ ๐๐ ๐ ๐ผ๐๐ถ๐ป๐ด ๐๐ด๐ฎ๐ถ๐ป! ๐ช๐ถ๐น๐น ๐๐ ๐๐ฟ๐ฒ๐ฎ๐ธ ๐ข๐๐ ๐ง๐ต๐ถ๐ ๐ง๐ถ๐บ๐ฒ?
$XRP is back above $0.53, showing signs of strength after a long consolidation phase. With a daily gain of +5.2%, it may finally be preparing for a breakout from the months-long sideways range.
๐ Market Snapshot:
Current Price: $0.532
24h High: $0.541
24h Low: $0.504
Volume: $1.3B+
Market Cap Rank: Top 10 โ still a major player
๐ Chart Analysis (1D Timeframe):
XRP bounced from the key support zone near $0.48
Price reclaiming $0.52โ$0.53 zone with solid volume
Next resistance to watch: $0.56, then $0.60
If $0.60 breaks, a rally toward $0.66โ$0.70 is likely
๐ฏ Trade Signal:
๐ข Bullish Setup:
Entry: $0.525โ$0.535
Target 1: $0.560
Target 2: $0.600
Target 3: $0.660
Stop-Loss: $0.495
๐ Re-Entry Idea (If Rejected at $0.56):
Wait for dip to $0.51โ$0.52
Look for confirmation bounce before entry
๐ง Narrative Factor:
SEC case updates expected in coming weeks โ any positive legal movement could fuel a breakout
XRP remains the go-to token for cross-border payments and TradFi interest
Longest consolidation among majors โ coiled spring potential ๐
โ ๏ธ Risk Note:
News-driven volatility still a factor
Trade with caution near resistance levels; breakout needs volume confirmation
