XRPUSDT is forming an ascending triangle pattern on the daily chart, indicating bullish momentum.Price is currently around \$2.30, with key resistance at \$2.60.
A breakout above this level could lead to a move toward the \$3.40–\$3.47 zone.
Support levels are seen at \$2.22 and \$2.16, which may act as a bounce zone.
Invalidation of the setup lies below \$1.96, making it a well-defined risk.
Overall, the chart suggests a potential breakout with a favorable risk-to-reward setup
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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.