📊 Technical Analysis
● Aggressive breakout from the 8-week green consolidation box has pierced both the purple ’23 trend-cap and inner wedge roof; pull-backs are holding above the prior 2.71 swing, confirming a fresh demand flip.
● Price is now tracking the mid-July parabolic support inside the black rising channel; the next confluence lies at the channel crest / Feb supply 3.11, implied by the 40¢ measured move of the July flag.
💡 Fundamental Analysis
● CME CF announced a cash-settled XRP reference rate for institutional derivatives, boosting open interest and signalling deeper liquidity ahead of the 23 Jul SEC status hearing.
✨ Summary
Long 2.70-2.80; hold above opens 2.88 → 3.11. Invalidate on a 6 h close below 2.60.
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● Aggressive breakout from the 8-week green consolidation box has pierced both the purple ’23 trend-cap and inner wedge roof; pull-backs are holding above the prior 2.71 swing, confirming a fresh demand flip.
● Price is now tracking the mid-July parabolic support inside the black rising channel; the next confluence lies at the channel crest / Feb supply 3.11, implied by the 40¢ measured move of the July flag.
💡 Fundamental Analysis
● CME CF announced a cash-settled XRP reference rate for institutional derivatives, boosting open interest and signalling deeper liquidity ahead of the 23 Jul SEC status hearing.
✨ Summary
Long 2.70-2.80; hold above opens 2.88 → 3.11. Invalidate on a 6 h close below 2.60.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade fermée: cible de profit atteinte
Closed +8.6%
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.