$XRP is consolidating near the apex of a multi-day bull pennant while holding above the crucial $1.38 area. The supplied data shows high baseline liquidity, modest positive funding, and robust Binance OI without signs of excessive leverage. The reported supply squeeze and ETF-related inflows provide the stated catalyst. RSI is resetting toward 55 while higher lows remain intact, keeping the structure mildly bullish.
📈 Bias: Mildly Bullish / Structurally Safe | 🎯 Entry: $1.38–$1.41 | 🛡 Support: $1.35 | 🚧 Resistance: $1.48 | 🎯 Targets: $1.47 / $1.52 / $1.60 | ❌ Invalidation: $1.33
Strategy: Support entry or confirmation around the pennant structure, provided the stated levels hold.
#XRP #CryptoTrading #Altcoins #BinanceSquare #TechnicalAnalysis
📈 Bias: Mildly Bullish / Structurally Safe | 🎯 Entry: $1.38–$1.41 | 🛡 Support: $1.35 | 🚧 Resistance: $1.48 | 🎯 Targets: $1.47 / $1.52 / $1.60 | ❌ Invalidation: $1.33
Strategy: Support entry or confirmation around the pennant structure, provided the stated levels hold.
#XRP #CryptoTrading #Altcoins #BinanceSquare #TechnicalAnalysis