$XRP Breaks Out — Again!
It’s happening: $XRP just broke above $1.08, confirming the ascending triangle breakout we mapped earlier this week. Weekly performance? +38% 📈
This breakout is being driven by:
• Renewed regulatory clarity and favorable court sentiment
• Speculation around XRP-based stablecoins
• Increasing on-chain transfers from institutional wallets
This isn’t just short-term hype. Historical patterns suggest that when $XRP clears strong resistance levels like $1.05–$1.10, it runs fast—and hard. Some traders are targeting $1.30 and even $1.50 if BTC remains above $118K.
🚨 Risk note: Set trailing stops under $1.03 to lock profits. XRP volatility is legendary.
🔍 What’s your strategy here? Are you adding to your XRP bag or waiting for a retest of support? Let’s hear it, #XRPRealityCheck