XRP broke through the falling wedge pattern(falling wedge) and is now in the re-test phase of the breakout area.
This re-test is a healthy signal, and if it holds, it will confirm a bullish reversal.
A strong daily close above the wedge with increased trading volume could lead to continued movement toward higher resistance levels.
The structure remains bullish as long as the price maintains its stability above the re-test support. We are closely monitoring the daily close$XRP or liquidity is the key now.
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XRP Analysis
XRP broke through the falling wedge pattern(falling wedge) and is now in the re-test phase of the breakout area.
This re-test is a healthy signal, and if it holds, it will confirm a bullish reversal.
A strong daily close above the wedge with increased trading volume could lead to continued movement toward higher resistance levels.
The structure remains bullish as long as the price maintains its stability above the re-test support.
We are closely monitoring the daily close$XRP or liquidity is the key now.
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