Hey XRP fam! Let’s break down this sizzling 1-hour chart. XRPUSDT is cooking up something big, and we’re on the edge of our seats!
We’re seeing a series of triangles forming, with XRP stuck in consolidation phases — each one tighter than the last. The price is currently testing the upper trendline of the latest triangle, sitting around $2.247 after bouncing off a solid support at $2.050. This setup screams potential breakout! I put on the chart a bold “Highway to Moon” arrow pointing upward, hinting at a possible surge toward $2.600 or beyond if XRP breaks free.
But let’s not get too starry-eyed — failure to break out could see XRP retreat to the support zone at $2.050, or even lower to $2.000 if things get shaky.
Key Levels to Watch:
Are we heading to the moon, or is this a fakeout? Let’s hear your thoughts below!
We’re seeing a series of triangles forming, with XRP stuck in consolidation phases — each one tighter than the last. The price is currently testing the upper trendline of the latest triangle, sitting around $2.247 after bouncing off a solid support at $2.050. This setup screams potential breakout! I put on the chart a bold “Highway to Moon” arrow pointing upward, hinting at a possible surge toward $2.600 or beyond if XRP breaks free.
But let’s not get too starry-eyed — failure to break out could see XRP retreat to the support zone at $2.050, or even lower to $2.000 if things get shaky.
Key Levels to Watch:
Resistance: $2.299
Support: $2.2184
Breakout Target: $2.360+
Breakdown Risk: $2.000
Are we heading to the moon, or is this a fakeout? Let’s hear your thoughts below!
Trade active
Brokedown bottom line of triangle moved down to support, however watching carefuly for potential swing down, here, we are close to support of rising channel. 
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.