XRP Bulls Are Getting Loud — But Is This a Real Reversal or Just Another Trap?
XRP just closed a bullish Daily candle, and XRPBTC followed suit. On the surface, that’s enough to excite dip buyers — but one candle doesn’t change a trend. The real debate starts here.
Technically, XRP is pressing against a long-term descending resistance while carving out a textbook inverse head & shoulders structure. Bulls argue that one more bullish Daily close is all that’s needed to confirm a reversal. If that happens while BTC Dominance (BTC.D) rolls over, XRPBTC could accelerate sharply — something we’ve seen repeatedly in past cycles.
Skeptics aren’t convinced. They point out that XRP has faked breakouts before, especially when sentiment flips optimistic too fast. Without confirmation, this could simply be a liquidity grab before another rejection.
That’s what makes this setup dangerous — and interesting.
Long-term idea (for discussion only):
• Buy zone: $1.90 – $2.05
• Invalidation (SL): Below $1.70
• Targets:
TP1: $2.70
TP2: $3.50
TP3: $4.00+ (macro breakout scenario)
This isn’t about predicting — it’s about positioning if confirmation appears. The next Daily close could decide whether XRP breaks structure… or breaks traders’ confidence again.
🔥 Are you team breakout — or team bull trap?
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