XRP/USDT is showing strong signs of a potential breakout as it breaches a long-standing descending trendline.
The price has recently confirmed a swing failure pattern (SFP) and is pushing upward with increasing volume.
Key resistance lies at the $3.00 level — a breakout above this could open the path toward the $3.40 and $3.94 targets, with $4.62 as a long-term objective.
Traders should watch for daily closes above the trendline and volume confirmation.
The price has recently confirmed a swing failure pattern (SFP) and is pushing upward with increasing volume.
Key resistance lies at the $3.00 level — a breakout above this could open the path toward the $3.40 and $3.94 targets, with $4.62 as a long-term objective.
Traders should watch for daily closes above the trendline and volume confirmation.
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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.