Entry: 3.16 (current level)
🛡️ Stop Loss: 2.9 (below range support)
🎯 Targets:
• TP1: 3.39 (local resistance)
• TP2: 4.50
• TP3: 5.40
• TP4: 5.90 (final target from wedge breakout – +75%)
🔍 Setup Details:
XRP is forming a bullish pennant after a strong rally. Price has held key Fibonacci retracement levels and is currently consolidating inside a wedge. A confirmed breakout could lead to a 75% move toward the $5.9 target. Volume confirmation and breakout candle close above $3.39 can accelerate the move.
⚠️ High volatility expected. Use proper risk management.
#XRPUSDT #CryptoAnalysis #Altcoins #TechnicalAnalysis #BreakoutAlert
🛡️ Stop Loss: 2.9 (below range support)
🎯 Targets:
• TP1: 3.39 (local resistance)
• TP2: 4.50
• TP3: 5.40
• TP4: 5.90 (final target from wedge breakout – +75%)
🔍 Setup Details:
XRP is forming a bullish pennant after a strong rally. Price has held key Fibonacci retracement levels and is currently consolidating inside a wedge. A confirmed breakout could lead to a 75% move toward the $5.9 target. Volume confirmation and breakout candle close above $3.39 can accelerate the move.
⚠️ High volatility expected. Use proper risk management.
#XRPUSDT #CryptoAnalysis #Altcoins #TechnicalAnalysis #BreakoutAlert
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.