Alert: $XRP Compressing at $1.36 — Wedge Near Resolution
$XRP is tightening inside a descending wedge on the M30. Volume is fading — classic pre-breakout conditions.
Key levels:
* $1.36 → support holding the structure
* $1.38 → breakout trigger; flip this and momentum shifts
* $1.40+ → next zone if expansion follows
* <$1.36 → opens room toward $1.34
The tell: sellers aren’t pressing the level aggressively — they’re just sitting on it. When pressure like that fades, moves often resolve higher as shorts lose conviction.
Fundamental backdrop:
* Brad Garlinghouse confirmed U.S. legal clarity for $XRP following a court decision
* Ripple is pursuing an OCC trust charter and exploring a Fed master account
* Institutional positioning is building while price stays compressed
When structure tightens and volume disappears, the breakout candle does the talking.
Eyes on $1.38.
#XRP #Ripple #CryptoAlpha #TechnicalAnalysis