XRPUSDT XRP has recently broken above the $2.50 level, signaling growing bullish sentiment driven in part by improved geopolitical developments, such as the U.S.–U.K. trade agreement and a potential easing of U.S.–China trade tensions.
From a technical perspective, the pair has invalidated minor resistance levels between $2.2500 and $2.5000, with price currently retesting the $2.5000 zone along a lower trendline supported by four key touches—indicating strong bullish structure. This retest aligns with our trendline, offering a potential confirmation for continued upside.
We are monitoring for a liquidity sweep below current levels, followed by a breakout above the key level. Our area of interest lies at a buy stop entry at $2.5390, with a stop-loss placed at $2.3340 (below the liquidity zone) and a target at $2.9970, just above minor resistance. That said, we remain cautious due to a recent CHOCH (Change of Character) break below a major level, which could suggest potential downside risk if confirmed.
