#BreakoutTradingStrategy BREAKOUT STRATEGY SPOTLIGHT: XRP ๐๐
XRP has been dancing in a tight range between $2.85โ$2.93, building higher intraday lows. That compressed action often sets the stage for a sharp breakout ๐ .
โ Why XRP is primed today
Consolidation under $2.93โwith institutional sellers staking in near that resistance
A bullish triangle/pennant pattern forming, targeting a move up to ~$4.50 if volume confirms
Huge catalyst incoming: the ProShares XRP Futures ETF launching July 18โcould send XRP soaring if it clears $2.93โ$3.00
