XRP has broken out of a multi-month falling channel and is showing early signs of a macro bullish shift. However, price has printed a series of strong green candles, so waiting for a clean retest before entry is advised.
Key Levels:
Support Zones: 2.5384 | 2.00 | 1.8675
Resistance Zones: 2.8340 | 4.2963 | 7.5311 | 11.9874 | 18.7488
Breakout Level: 2.5384 (channel breakout and current structure retest area)
Setup Strategy:
Entry (Ideal): On retest near 2.53–2.60 support zone
Stop Loss: Below 2.00 (or tighter depending on risk appetite)
Target 1: 4.2963
Target 2: 7.5311
Target 3: 11.9874
Target 4 (Final): 18.7488
Upside Potential: Over 600% if the structure plays out fully
Structure Insight:
Multi-month falling channel breakout confirmed
Continuous green candles suggest short-term overextension
Safer entry lies in retest and hold of the breakout zone
Long-term accumulation zone forming between 2.53–2.83
This setup favors long-term investors and swing traders waiting for a macro move. Let the price come to you — avoid chasing.
DYOR | Not Financial Advice
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