Good afternoon, everyone! ☀️
Big news for XRP — it just *broke the Weekly Resistance* for the first time since January with the latest weekly candle close! 📈🔥
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What this means:
- The *road to 3.60* is now wide open 🚀 (Not financial advice, but the charts look promising)
- We *might* see a back-test down to around *2.15* as the market tests support 🛠️ — but don’t sweat it, this won’t change the overall bullish trend
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Deep dive 🔍
Breaking a major weekly resistance after months shows strong buying pressure and confidence in XRP. Weekly closes are crucial because they confirm whether a breakout is real or a fakeout. Since XRP held that close, it signals bulls are taking control.
Back-tests are normal and healthy; they help shake out weak holders and confirm the new support level. So, even if XRP dips to 2.15, it’s just a pause before the next leg up.
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What to expect next?
- Momentum pushing towards3.60 and possibly beyond if market conditions stay favorable 🌕
- Watch volume and news closely — any major updates can accelerate the move
- Keep an eye on broader market trends too; crypto often moves with Bitcoin’s overall direction
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Have a fantastic week ahead, and let’s keep riding this wave! 🌊💎