šØ XRP is testing patience... but somethingās brewing š
Markets are shaky today ā BTC flirting with $100K, ETH pulling back⦠and $XRP down 4%, now around $2.12. But under the surface, things are heating up. š„
š§ Analyst @DarkDefender points out XRP is approaching key resistance at $2.40. If it breaks that + RSI flips, we might see a move toward $5.85 (yeah, +144%). Not hopium ā just charts doing their thing š
š„ Crucial levels:
$2.22 ā strong support
$2.36 ā wedge breakout point (per @EgragCrypto)
$2.45 ā confirms bulls in control
$2.65 ā ignition level for the next leg up š
But caution here: XRP might dip to $2 to grab liquidity before any breakout. MACD still bearish, and $2.08 (200 EMA) is holding for now. š”ļø
š¤ Fun fact: XRPās been consolidating for 190 days. Back in 2017, the real move came after 210. Weāre close. š
And donāt forget ā June 16ā17 could be game-changing:
āļø Ripple v. SEC update
š¼ XRP ETF decisions (Franklin Templeton, others)
š¦ Institutional money flowing in: VivoPower, Webus, ACG
Weāre not there yet ā but this chart is coiling. Watch that $2.36 level like a hawk. š¦