📌📈 XRP IN BULLISH TRANSITION – KEY TECHNICAL OPPORTUNITY
This June, XRP shows encouraging signs that you should not ignore. After months in a sideways range, the token has broken a bearish trend line on daily timeframes and is clearly forming higher lows. This pattern often signals a cycle change, moving from correction to the beginning of an impulse.
✅ Technical data in favor:
Double bottom identified near key areas, confirming strength from the base.
The daily RSI is recovering around 55–60, indicating momentum without overbought conditions.
Stable or increasing volume on each bounce, a sign of responsible accumulation.
21-day and 50-day EMAs are crossing upwards, consolidating the structure.
Additionally, XRP maintains active adoption in international transfers and remittances, providing a narrative beyond the chart. The market sees it as a clear option if BTC maintains neutral levels. That's why many analysts suggest a substantial rebound towards areas above the double bottom.
🎯 Recommended strategy:
1. Entry after daily close above the breakout.
2. Stop-loss just below the last low.
3. Tiered targets: partial recovery and possible extended rally.
👉 You can trade directly from the chart on Binance 👇👇👇
