XRP is showing strong signs of a larger breakout on the horizon, but the path higher may not be smooth. Current price action suggests a potential shakeout, clearing out weak hands before momentum builds. With key levels being tested and structure tightening, the next move could set the stage for a much bigger rally.
Trendline Breakdown Flips Key Support Into Resistance
In a quick XRP update, CasiTrades noted that the price is now breaking below the consolidation trendline that had been holding for weeks, with that level beginning to flip into resistance. That shift aligns with what was discussed in Friday’s livestream. From a structural standpoint, it strengthens the case that XRP may be entering its final leg down toward the $0.87 support zone.
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On the lower timeframe, particularly the 15-minute chart, the current upward move is being tracked as a subwave 2 bounce. A well-defined RSI trendline is guiding
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