🔹 Current Setup: XRP is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement. 🔹 Key Observations: - Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout. - A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level.
🔹 Trade Setup: - Long Position: Await a candle close above $0.6639 to confirm bullish continuation. - Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
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