Signal: $XRP Compressing in Descending Wedge — $1.43 Target Potential
$XRP is trading $1.36–$1.37, forming a descending wedge after weeks of slow selling — a classic pre-breakout structure.
Key levels:
Support: $1.33 — holding steadily
Resistance: $1.39 — breakout trigger
Target: $1.43 — ~11% upside on clean breakout
On-chain context:
MVRV Z-Score near historic lows
Realized P/L approaching capitulation zone (~1.0)
Ripple Payments volume surpassed $100B — fundamentals expanding while price lags
Verdict: A wedge breakout above $1.39 could mark the start of the next $XRP leg.
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