A Technical Look at $xrp

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The currency has not yet broken the trend line we talked about earlier (the one in white), but it has given us a short upward trend, meaning there is a clear upward slant.

We see continuous buying pressure, and the reason is clear as the lows are rising above the previous lows, and this always gives us a signal that buyers are gradually pushing the price up, but with confidence.

Our outlook for the currency is that there is a very possible upward movement.

As the candlestick behavior has reached a narrow angle of the trend,

it either explodes upwards or returns to retest at support 2.1389.

The next breakout could be the spark for a strong upward surge after breaking two supports,

2.2950 and 2.321, and confirmation.

Because if the breakout is confirmed, then we open the door to the first targets for us as traders,

2.4252

2.6507