XRP broke out of its descending channel, validating Egrag Crypto's analysis š
- Conquered the 3.03000 barrier, with next target at 3.12122 š
š *Key Takeaways:*
- Resistance flipped: XRP above 3.03000 šŖ
- Dynamic support: 21 EMA riding below recent candles š”ļø
- Downside watch: 2.99053 (first defense line), 2.85500 (stronger base) ā ļø
š® *The Bigger Picture:*
- Breakout confirmation: XRP's consolidation phase giving way to bullish energy š„
- Above 3.03000 ā strength confirmed, toward 3.12122 ā bullish momentum unleashed š
š *Market Update:*
- $XRP: 3.031 (-0.57%) š
- Bulls in control, but watch for weakness below 2.99053 š»
#XRPBreakout #CryptoMarketUpdate #BullishMomentum #AltcoinSeason #BinanceSquareAlert