π₯ Short-Term Setup: Tight Range, Big Move Ahead
XRP is coiling near a critical inflection point after weeks of consolidation. Price action is squeezed between support at $2.60β$2.70 and overhead resistance, forming a tight triangle on the chart.
π Bollinger Bands are compressing while MACD shows declining selling pressure, signaling an explosive move is likely. If bulls push past resistance, XRP could ignite a sharp rally.
β‘ Long-Term Setup: Building for a Macro Breakout
Beyond short-term levels, XRP is approaching a multi-year resistance zone with a stronger base and rising investor interest.
β Historical patterns show XRP often rallies fast after clearing such zones. This setup hints at a potential shift from range-bound trading to a full bull trend, possibly mirroring past aggressive moves toward price discovery.
π Whatβs Next for XRP? Potential Scenarios
π’ Bullish: A breakout above resistance could target $3.60β$4.00 in coming weeks, setting the stage for a longer run toward $5.
π΄ Bearish: Failure to hold $2.60β$2.70 risks a dip to $2.30β$2.20 before bulls regroup.
π Neutral: Continued consolidation is possible short-term, but tightening price action suggests a big move is imminent.
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