🚨 $XRP USDT TRIANGLE SQUEEZE – BIG MOVE INCOMING! 🚨
🔥 What’s Happening?
$XRP is consolidating inside a tight descending triangle on the weekly timeframe. Price is squeezing near strong support around $2.15, while lower highs show sellers are pushing down aggressively.
📊 Current Market View:
Resistance Levels: $2.25 – $2.36
Support Zone: $2.15 (critical breakdown level)
RSI: Neutral at 52, awaiting direction
Chaikin Money Flow: Slightly positive, indicating weak accumulation
💡 What’s Next?
If bulls break above $2.25-$2.36, expect a sharp bullish rally targeting $2.60 and beyond. However, failure to hold $2.15 may trigger a strong bearish drop towards $1.80-$1.50.
⚠️ Trade Setup (Wait for Confirmation):
Long Entry: Above $2.37
TP1: $2.60
TP2: $2.95
SL: Below $2.15
Short Entry: Below $2.15
TP1: $1.80
TP2: $1.50
SL: Above $2.36
🔍 Market Outlook:
The sideways consolidation shows that big players are accumulating positions for the next explosive move. Smart traders wait for breakout confirmation before entering heavy trades.
💭 Are you ready for XRP’s upcoming move? Comment “🚀” if you believe in a bullish breakout, or “🐻” if you see a major dump coming!