🔥 XRP Bounces Back – But Can It Break Out?
$XRP is grinding higher after finding support near $2.60, now testing the upper trendline of a falling wedge on the 4-hour chart.
The key breakout zone? Around $3.00–$3.03. If it clears that, we could see a push toward $3.25 or even a retest of July’s high near $3.45.
Why the Pump?
✅ Short-term buyers stepped in after last week’s outflows.
✅ 4-hour charts show bullish momentum (Parabolic SAR flipped, RSI cooling off).
✅ Still, the Supertrend remains bearish until $3.45, so caution is warranted.
What’s Next?
🎯 Bull case: A strong close above $3.03 could confirm the wedge breakout and target $3.25+.
🎯 Bear case: Rejection here sends it back to $2.85 or even $2.75.
For now, it’s a waiting game, watch how XRP handles $3.00. Break or fakeout?
