XRPUSDT found footing at 2.09 and now grinds beneath descending resistance. Regaining 2.18 should unlock a glide toward 2.25-2.35 inside the larger bull channel, whereas failure to defend 2.05 risks a trip to 1.95 reload territory.Trade active
XRP – FALLING WEDGE BREAKOUTXRP has executed a decisive breakout from a long-term falling wedge pattern, which is a classic bullish reversal signal. This development suggests that the extended downtrend has lost its momentum and a new uptrend is beginning to form. The price is currently holding above the upper trendline of the wedge, confirming the breakout and flipping previous resistance into new support. This technical posture strongly supports a continued move to the upside, with significant price appreciation potential.
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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.