$XRP has exited from a descending wedge and is now trading above the 50-day and 100-day moving averages.

The structure closely resembles last month's SEI breakout, which led to a STRONG 76% movement.

It is now approaching the 200-day moving average (~$2.35), a key level to watch.

If confirmed with volume, the next resistances are at $2.65 and $3.

It is worth following as the setup develops. 🍷 $XRP