🚨 XRP On The Verge: Bullish Breakout Incoming? 🚨
$XRP is forming key bullish structures while institutional flows support potential upside. Technical and on-chain data suggest the token could target the $2.50 psychological level in the near term.
🔍 Market Snapshot
• Price: $2.0825
• Distance from Yearly Low: ~15%
• ETF Inflows (since Nov. 14): $897M
• Stablecoin Supply (RLUSD): >$1.3B, transaction volume rising
📊 Technical Analysis
8H Chart – Inverse Head-and-Shoulders
• Right shoulder approaching neckline
• Price testing 25-period EMA
• RSI and MACD trending upward → bullish
• Breakout target: $2.50
🎯 Key Levels to Watch
Support Zone:
• $2.00 – $2.05 - buyers defending trendline
Resistance Zone:
• $2.50 psychological level - key breakout target
⚠ Conclusion: $XRP Is Poised for Lift-Off
With a falling wedge converging, an inverse head-and-shoulders pattern, and strong ETF inflows, XRP could see a rapid surge. XRP is minutes from a breakout that could shake the market - bullish momentum building!
