XRP – The Coil is Tightening ⏳
💰 Price Now: ~$3.24
🕯 Candles Behavior
Triangle Compression: Recent candles are making lower highs and higher lows — squeezing into a tight range (symmetrical triangle).
Alternating Small Green/Red Candles: This “indecision” candle pattern shows both sides waiting — when one side wins, volatility explodes.
Multiple Bullish Engulfings on Lower Timeframes: On the 4H chart, bulls keep erasing bear moves with full-body green candles.
No Deep Wicks to the Downside: Every dip is shallow and quickly bought back, meaning buyers are lurking just below current price.
🔥 Why It’s Brewing
Tight triangles with low volume are pressure cookers — the more candles stack inside the range, the more violent the breakout. Given XRP’s historical tendency to surge after such patterns, a breakout toward $3.60–$4.20 is highly possible once resistance cracks.
🎯 Trade Plan
Entry: Breakout above $3.30 daily close
Stop: $3.00
Targets: $3.60 / $3.80 / $4.20
Tip: On breakout day, look for a large green candle that closes outside the triangle with a volume spike — that’s your green light.
