ššš thank you, all of this is comforting...
Pampa1
--
XRPUSDT: 8X LONG Setup & Major Reversal in Play ā”
$XRP
XRP / Tether XRP Update: Strong Bullish Foundation is Forming š
The 3-Feb low has once again proven its importance. XRPUSDT pierced below it, only to close aboveāa classic shakeout move. Yesterdayās green session created a higher low vs. April 7, giving us an early sign that the low is in.
---
Technical Breakdown: Double-Bottom Confirmed ā
Double-bottom structure in place
Long-term support tested and respected
Sideways consolidation for over 4 months
Yesterdayās green candle erased previous red sessions
Weekly timeframe: Hammer candleāa strong early reversal signal
ā”ļø Entry Levels for Active Traders:
$1.75 ā $1.96 (8X LONG in playāexperts only) This range offers a high-reward opportunity for those prepared to manage risk.
---
Why This Move Matters āļø
Weāre not just seeing technical strength in XRPāthe entire market structure is aligning:
Cardano showing similar double-bottom, but with a higher low
Bitcoin is back above $80Kābullish and strong
Nvidia and SPX are also rallying, signaling macro bullish sentiment
The 4-month correction looks complete across sectors
This is not a bearish setupāitās a sideways accumulation phase before the next leg UP.
---
Historical Echo: November 2024 All Over Again? ā³
XRPās move began in early November 2024, gaining momentum through December and slowing in January before correcting.
What weāre seeing now is a consolidation of that runāand once this base finishes forming, the market will likely resume its bullish path.
---
Final Thoughts for the Binance Square Family š§
Weāve been through this before. XRPUSDT is not breaking downāitās building up. The signs are textbook bullish:
Sideways base
Failed bear attempts
Marketwide support
This is not financial advice, but if youāve been waiting for confirmation, this might be it. Experts may go longāothers may want to start accumulating.
When XRP moves, it moves fast.
Be ready. Stay alert. And as alwaysāmanage your risk like a pro.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
135
0
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto