🚨GM XRP JUST WOKE UP IS THE NEXT LEG STARTING? 🔥
$XRP is suddenly back in the spotlight.
On the 1H chart, XRP has pushed above $1.10 after a powerful 10%+ move, while trading volume exploded during the breakout. Price is also holding above the MA(7), MA(25), and MA(99), which shows that short-term momentum has shifted strongly in favor of buyers.
But here’s where it gets interesting 👀
XRP recently hit $1.1358 before pulling back and consolidating around the $1.10 area. That makes $1.1358 the key resistance to watch.
📈 Bullish scenario:
A clean breakout above $1.1358 with strong volume could open the door for another momentum move, with $1.20 becoming an important psychological target.
⚠️ Bearish scenario:
If XRP fails to reclaim $1.1358 and loses the $1.05–$1.10 support zone, a deeper pullback could happen as traders take profits.
My take: The trend currently looks bullish, but after such a sharp move, chasing the green candles can be risky. I’d rather see XRP consolidate, hold support, and then confirm the next breakout with volume.
The real question now isn’t whether XRP can pump…
It’s whether the buyers can sustain the momentum. 👀🔥
#XRP #Ripple #Crypto #Altcoins #XRPArmy #Bitcoin
$XRP is suddenly back in the spotlight.
On the 1H chart, XRP has pushed above $1.10 after a powerful 10%+ move, while trading volume exploded during the breakout. Price is also holding above the MA(7), MA(25), and MA(99), which shows that short-term momentum has shifted strongly in favor of buyers.
But here’s where it gets interesting 👀
XRP recently hit $1.1358 before pulling back and consolidating around the $1.10 area. That makes $1.1358 the key resistance to watch.
📈 Bullish scenario:
A clean breakout above $1.1358 with strong volume could open the door for another momentum move, with $1.20 becoming an important psychological target.
⚠️ Bearish scenario:
If XRP fails to reclaim $1.1358 and loses the $1.05–$1.10 support zone, a deeper pullback could happen as traders take profits.
My take: The trend currently looks bullish, but after such a sharp move, chasing the green candles can be risky. I’d rather see XRP consolidate, hold support, and then confirm the next breakout with volume.
The real question now isn’t whether XRP can pump…
It’s whether the buyers can sustain the momentum. 👀🔥
#XRP #Ripple #Crypto #Altcoins #XRPArmy #Bitcoin