XRP has broken out of a multi-month falling channel and is showing early signs of a macro bullish shift. However, price has printed a series of strong green candles, so waiting for a clean retest before entry is advised.
Key Levels:
Support Zones: 2.5384 | 2.00 | 1.8675
Resistance Zones: 2.8340 | 4.2963 | 7.5311 | 11.9874 | 18.7488
Breakout Level: 2.5384 (channel breakout and current structure retest area)
Setup Strategy:
Entry (Ideal): On retest near 2.53–2.60 support zone
Stop Loss: Below 2.00 (or tighter depending on risk appetite)
Target 1: 4.2963
Target 2: 7.5311
Target 3: 11.9874
Target 4 (Final): 18.7488
Upside Potential: Over 600% if the structure plays out fully
Structure Insight:
Multi-month falling channel breakout confirmed
Continuous green candles suggest short-term overextension
Safer entry lies in retest and hold of the breakout zone
Long-term accumulation zone forming between 2.53–2.83
This setup favors long-term investors and swing traders waiting for a macro move. Let the price come to you — avoid chasing.
DYOR | Not Financial Advice
#XRP #Ripple
Key Levels:
Support Zones: 2.5384 | 2.00 | 1.8675
Resistance Zones: 2.8340 | 4.2963 | 7.5311 | 11.9874 | 18.7488
Breakout Level: 2.5384 (channel breakout and current structure retest area)
Setup Strategy:
Entry (Ideal): On retest near 2.53–2.60 support zone
Stop Loss: Below 2.00 (or tighter depending on risk appetite)
Target 1: 4.2963
Target 2: 7.5311
Target 3: 11.9874
Target 4 (Final): 18.7488
Upside Potential: Over 600% if the structure plays out fully
Structure Insight:
Multi-month falling channel breakout confirmed
Continuous green candles suggest short-term overextension
Safer entry lies in retest and hold of the breakout zone
Long-term accumulation zone forming between 2.53–2.83
This setup favors long-term investors and swing traders waiting for a macro move. Let the price come to you — avoid chasing.
DYOR | Not Financial Advice
#XRP #Ripple
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.