Post
💫XRP SQUEEZE AND PIVOT SETUP

XRP is trapped within a tightening triangle structure on the 1H timeframe, marking a battle between descending supply and a persistent higher low trend. Price is currently testing the confluence of the lower trendline, looking for a decisive retest to confirm localized strength. Should buyers reclaim the immediate consolidation zone, we anticipate a bullish breakout toward the overhead resistance zone. Maintain caution, as a breakdown below the support trendline would invalidate this setup.

The current structure highlights a critical volatility contraction that precedes a sharp directional move.

🔑 Key Levels
🚧 Resistance: 1.5550
🛡️ Support: 1.4850

✅️ FOLLOW FOR MORE ✅️

#ShareWeekly

$XRP
xrp
XRPUSDT
Perp
--
-3.95%
post-image
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
XRPXRP-3.95%


Add a comment
Add a comment

Comment
ThisIsTranslateContent:
3 hours ago
16:06, XRP oscillated downward over 15 minutes; a weak bearish pattern has formed on the 1-hour chart. The first support is 1.4929, the second support is 1.4972, the third support is 1.4997, the fourth support is 1.5094, the 1-hour resistance level is 1.4706, and the 15-minute resistance level is 1.4763.
0View Original
Gor88
3 hours ago
Hold tight 💪
0View Original
Gor88
3 hours ago
DYOR 🤓
0
Gor88
3 hours ago
First Review
Hop on 🚀
0View Original