XRPUSDT is still trading inside a clear daily downtrend, so I’m not treating this as bullish yet.The mistake many traders make is assuming that a trendline break alone is enough to flip the chart. It isn’t. A trendline break can be noise, a fakeout, or just a short-term reaction.
For XRP to shift bullish, I want to see two things happen:
Price must break the descending trendline, and more importantly, it must break and accept above the major resistance zone around the $1.70–$1.90 area.
That resistance zone is the real gatekeeper. Until XRP can reclaim it, the bearish structure is still in control.
If price breaks the trendline and flips that resistance into support, then the current downside leg can be treated as a manipulation leg. Measuring that leg gives a projected upside target near the $4.50 area.
That would be a massive move — roughly 300% from the current measured area — but only if the market confirms the shift first.
The key level to watch is the manipulation-leg low. If XRP breaches that area, the idea needs to be reassessed because the bullish projection loses structure.
So the plan is simple:
No breakout, no trade.
Trendline break alone, still not enough.
Trendline break + resistance flip = bullish case opens.
Manipulation low breached = reassess.
Let’s see if XRP can prove it.
This is not financial advice. Trade your own plan and manage your risk.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.