Analyst Bird’s pattern-breakout strategy: XRP is currently at 1.41, and this bullish pattern has appeared for the third time. The previous two similar setups both rallied quickly. Key resistance is at 1.56; a breakout on strong volume would imply 43% upside based on the pattern’s measured move, targeting 2.00. The support zone is 1.30–1.34; a drop below it invalidates the pattern.
XRP is now trading just above the support zone, making this a watch-and-wait window ahead of a breakout: hold as long as it stays above 1.34, and invalidate the setup if it breaks below. Enter on a break above 1.56, targeting 2.00. #XRP
XRP is now trading just above the support zone, making this a watch-and-wait window ahead of a breakout: hold as long as it stays above 1.34, and invalidate the setup if it breaks below. Enter on a break above 1.56, targeting 2.00. #XRP