📉 XRP Fractal Signals a Possible 70% Repeat Rally 🔁
XRP is echoing its bullish falling wedge pattern from earlier this year 🪜.
Back in Jan, it broke out after holding above the 50-day EMA 🔴,
Then reclaimed the 20-day EMA 🟣 and soared 70% in weeks 🚀.
Now in August, XRP is showing the same setup again — wedge + EMA bounce 📊.
⚡️ Breakout or Pullback? XRP Eyes $3.75+ 💥
As of Tuesday, XRP is testing the wedge’s upper trendline for a breakout 🔼.
A move above could send it flying 20%+ to $3.75 or beyond 💸.
But rejection may lead to a retest of 50-day EMA, or even $2.34 support ⚠️.
Analysts still eye $4+ this cycle, fueled by whale moves + rate cut hopes 🐋📉.
🌐 XRPL Fundamentals Stay Strong 🧱
XRP Ledger handled 70M+ txns in July 📈 with 1M+ new accounts this year 🧑💻.
Brazil’s BBRL stablecoin topped $4.2M minted 🇧🇷, and US RLUSD usage is surging 🇺🇸.
With growing stablecoin utility + adoption, XRP’s rally may just be getting started 🟩🔥.
XRP is echoing its bullish falling wedge pattern from earlier this year 🪜.
Back in Jan, it broke out after holding above the 50-day EMA 🔴,
Then reclaimed the 20-day EMA 🟣 and soared 70% in weeks 🚀.
Now in August, XRP is showing the same setup again — wedge + EMA bounce 📊.
⚡️ Breakout or Pullback? XRP Eyes $3.75+ 💥
As of Tuesday, XRP is testing the wedge’s upper trendline for a breakout 🔼.
A move above could send it flying 20%+ to $3.75 or beyond 💸.
But rejection may lead to a retest of 50-day EMA, or even $2.34 support ⚠️.
Analysts still eye $4+ this cycle, fueled by whale moves + rate cut hopes 🐋📉.
🌐 XRPL Fundamentals Stay Strong 🧱
XRP Ledger handled 70M+ txns in July 📈 with 1M+ new accounts this year 🧑💻.
Brazil’s BBRL stablecoin topped $4.2M minted 🇧🇷, and US RLUSD usage is surging 🇺🇸.
With growing stablecoin utility + adoption, XRP’s rally may just be getting started 🟩🔥.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.9584
-3.93%