🚀 $XRP PRIMED FOR $2.40! Next Stop: $3?🌊
Breaking the Wedge Could Ignite a 40% Surge
Key Technical Signals:
✅ Daily Chart:
- Trapped in descending wedge since April ($1.60-$3.30 range)
- Bullish rebound from $2.00 "liquidity zone"
- $2.40 = BREAKOUT LEVEL (wedge’s upper trendline)
✅ 4-Hour Chart:
- Bull flag pattern forming 🚩
- Retested support → surged toward $2.20 resistance
- Break above $2.20 confirms rally to $2.40+
Why Traders Are Watching:
🔥 Breakout Catalyst: #SEC vs. #Ripple lawsuit resolution expected by July 31 → could fuel volatility
💥 Volume Surge: 24h trading volume up 47% (Binance/Bitstamp leading)
📈 Historical Precedent: Last wedge breakout (Jan 2025) triggered 80% pump
> "XRP’s consolidation mirrors 2023’s pre-bullrun structure. Patience pays."
> – Bloomberg Crypto Analyst
Critical Levels to Watch:
- IMMEDIATE RESISTANCE: $2.20 → $2.40
- SUPPORT: $2.00 (strong buy zone)
- BREAKOUT TARGET: $3.00-$3.30 (pre-halving highs)
Fundamental Boost:
- Ripple’s CBDC partnerships (20+ central banks)
- Wyoming’s state treasury adding XRP (Aug 1)
#XRP #Ripple #Crypto #Trading #Altcoins #BullRun #BinanceSquare