đ $XRP Technical Outlook
After weeks of sideways compression near the 2.66 zone, $XRP exploded with a +57% impulsive surge, marking a decisive higher high. That momentum paused near 2.85, where price is currently stabilizing.
đ Current View:
This consolidation above 2.80 is key. Sustained strength here signals buyers are still in control, and another wave higher may be brewing.
đŻ Targets:
TP1: 3.05
TP2: 3.22
TP3: 3.45
đ Protective Stop: Close below 2.70 would invalidate the bullish continuation and shift momentum back to sellers.
đ Fundamental Edge: Ongoing developments in institutional adoption and regulatory clarity continue to build positive sentiment around XRP, aligning with the bullish technical structure.
⥠Breakout traders should keep an eye on 2.85â2.90 levels â a clean push above can ignite the next major leg up.