$XRP is heating up on the 4H chart! ๐ฅ
After a prolonged downtrend, we've seen a clear falling wedge pattern form, combined with a potential double bottom right at the wedge's lower support.
Price has just broken above the wedge resistance with a strong green candle and increasing volume, classic breakout pending confirmation!
Key annotations on the chart:
Descending triangle contracting earlier
Falling wedge (typically bullish reversal)
Double bottom signaling exhaustion of sellers
Breakout arrow pointing higher
Current price around $1.89โ$1.90, with resistance ahead near $2.00โ$2.15. If we hold above the wedge, next targets could be $2.25+ in the short term.
Ripple bulls, is this the start of the next leg up? Or do we need more confirmation? ๐
Whatโs your $XRP target for end of year/early 2025?
Letโs hear your thoughts below! ๐๐
$XRP $XRPUSDT #xrp #Ripple #CryptoTA #Altseason
