$XRP trade signal:

$XRP/USDT – LONG TRADE IDEA: ASCENDING CHANNEL CONTINUATION

ENTRY ZONE: $2.22 – $2.24

TARGET 1: $2.26

TARGET 2: $2.30

FINAL TARGET: $2.35

STOP-LOSS: $2.20

Technical Overview – Ascending Channel Pattern

Price surged from $2.14 and is currently moving within a rising parallel channel on the 15-minute chart.

It’s testing the lower boundary of the channel ($2.22–$2.24), presenting a favorable long setup on a bounce.

Why This Long Setup Makes Sense:

Support Holding Strong:

Prior touches of the lower channel line showed long lower wicks—buyers stepped in with conviction.

Bullish Market Structure:

A consistent pattern of higher highs and higher lows within the channel supports upward momentum.

Volume Confirmation: