Current XRP price oscillating around 2.1964, the candlestick chart shows strong signs of bottoming, short-term adjustments are sufficient, and volume is being released moderately, with moving averages showing a bullish arrangement trend. Based on recent formations and moving average support, XRP has upward potential, and the market is expected to welcome strong upward movement; now is the right time to go long!
Core analysis logic: The one-hour and four-hour charts form a clear ascending triangle consolidation pattern, with a breakout imminent;
The moving average system (MA7/30/100) shows a bullish arrangement, with strong short-term support;
Trading volume is expanding moderately, with continuous capital inflow, and clear signs of major control;
Current consolidation range is relatively strong, with ample buildup, and there is a possibility of an explosive upward move at any time.
Combined with 75x leverage, parameters are as follows:
Position direction: Long position
Opening position: 2.1950-2.2000 range to enter directly
First take profit level: 2.26
Second take profit level: 2.30
Stop loss level: 2.11
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