$XRP

#XRPETF 📊 Technical Analysis

Trend: Bitcoin is currently in a bullish phase, having broken out of a four-month falling wedge pattern and closed above its 200-day moving average. This breakout is supported by a Relative Strength Index (RSI) above 50, indicating positive momentum.

Support & Resistance:

Support: Around $85,000, aligning with recent breakout levels.

Resistance: The $100,000 level is a significant psychological barrier. A decisive close above this could target $107,000, based on the pattern's measured move.