🚨 Analysis of #XRP Today - What you need to know 🚀
🟢 #XRP — $1.52 (↑ +11.39% 24h) 🔥
🎯 Most likely direction: EXPLOSIVE BULLISH 📈 — from $0.99 to $1.52 in just 4 days (+51.5% weekly). It powerfully broke through the entire resistance zone we were watching.
💡 Trading idea:
📈 Bullish → target $1.69
📊 Why: $1.69 is today’s own intraday high. Technically, it confirms a bullish wedge pattern on the weekly chart with a target in that area, and XRP has just closed above its key moving averages for the first time since the August death cross.
📰 What’s moving the price today:
1️⃣ POLITICS 📈 — Trump appears with the CEO of Ripple at the White House, asking to approve the CLARITY Act.
2️⃣ MACRO 📈 — U.S. Treasury liquidity (“QE-lite”) combines with BTC short covering.
3️⃣ TECHNICAL 📈 — The bullish wedge pattern points to $1.71.
🟢 #XRP — $1.52 (↑ +11.39% 24h) 🔥
🎯 Most likely direction: EXPLOSIVE BULLISH 📈 — from $0.99 to $1.52 in just 4 days (+51.5% weekly). It powerfully broke through the entire resistance zone we were watching.
💡 Trading idea:
📈 Bullish → target $1.69
📊 Why: $1.69 is today’s own intraday high. Technically, it confirms a bullish wedge pattern on the weekly chart with a target in that area, and XRP has just closed above its key moving averages for the first time since the August death cross.
📰 What’s moving the price today:
1️⃣ POLITICS 📈 — Trump appears with the CEO of Ripple at the White House, asking to approve the CLARITY Act.
2️⃣ MACRO 📈 — U.S. Treasury liquidity (“QE-lite”) combines with BTC short covering.
3️⃣ TECHNICAL 📈 — The bullish wedge pattern points to $1.71.