🚀📈 XRP Bullish Continuation Eyes Key Resistance at $3.34 💥🧠
XRP is showing remarkable strength as it continues to push higher within a well-defined ascending channel. On the 8H chart, we can see price breaking through mid-channel resistance, now retesting the zone around $2.84. This level acted as both a prior resistance and now potentially a launchpad for the next leg up.
The structure suggests:
🔹 A breakout retest scenario, confirming bullish continuation
🔹 Immediate resistance at $3.34, followed by the upper boundary of the channel near $3.77
🔹 Strong support from the dynamic trendline and former breakout zone
The 15-min Heikin Ashi view reinforces momentum: price is respecting the ascending trendline and holding above key breakout levels.
📊 As long as price holds above $2.84, this breakout remains valid, with the potential to target the upper channel resistance.
Technical traders may be watching for:
✅ A bullish engulfing or confirmation candle near current levels
✅ Volume spike on retest bounce
✅ Divergence or RSI confirmation on lower timeframes
Patience pays when structure aligns. Let's see if XRP delivers the full move.
One Love,
Trisha Saha 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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