📊 *XRP - Strong Support & Breakout Watch | Daily Timeframe*
XRP is currently holding above a major support zone around the 102B market cap level. Price has shown multiple rejections from this zone, indicating strong buying interest.
🔹 *Key Levels:*
- *Support Zone:* 102B (Strong Demand Area)
- *Resistance Zone:* 147B (Breakout Level)
📈 *Market Structure:*
Price is forming a potential accumulation pattern. If this structure holds, we might see a bullish reversal towards the resistance, followed by a possible breakout.
📌 *Bullish Scenario:*
- Bounce from support
- Retest of previous high
- Breakout above resistance
📌 *Invalidation:*
- If price closes below 102B support zone, setup may fail and a deeper drop could follow.
🧠 *Note:* This is not financial advice. Always do your own analysis before trading.
#XRP #CryptoAnalysis #TechnicalAnalysis #Breakout #SupportResistance
XRP is currently holding above a major support zone around the 102B market cap level. Price has shown multiple rejections from this zone, indicating strong buying interest.
🔹 *Key Levels:*
- *Support Zone:* 102B (Strong Demand Area)
- *Resistance Zone:* 147B (Breakout Level)
📈 *Market Structure:*
Price is forming a potential accumulation pattern. If this structure holds, we might see a bullish reversal towards the resistance, followed by a possible breakout.
📌 *Bullish Scenario:*
- Bounce from support
- Retest of previous high
- Breakout above resistance
📌 *Invalidation:*
- If price closes below 102B support zone, setup may fail and a deeper drop could follow.
🧠 *Note:* This is not financial advice. Always do your own analysis before trading.
#XRP #CryptoAnalysis #TechnicalAnalysis #Breakout #SupportResistance
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.