$XRP /USDT Technical Analysis & Trade Signal

Bullish Scenario (Breakout of Falling Wedge)

Entry: Place a buy order above $2.3200, confirming a breakout of the wedge pattern.

Stop-Loss: Below the recent low at $2.2630 to protect against a failed breakout.

Target 1: $2.4100 (minor resistance level).

Target 2: $2.4500 (major resistance level).

Risk/Reward Ratio: Around 1:2, depending on the exact entry and stop-loss.

Bearish Scenario (Failed Breakout or Continuation of Downtrend)

Entry: Place a sell order below $2.2900 if the price fails to break out and resumes the downtrend.

Stop-Loss: Above $2.3200 (upper boundary of the wedge).

Target 1: $2.2630

Target 2: $2.2500Risk/Reward Ratio: Around 1:1.5.Additional NotesWatch for increased volume during the breakout to confirm the move.Falling wedges typically lead to bullish breakouts, so prioritize the bullish scenario unless the price action strongly favors the bearish continuation.Adjust the stop-loss and take-profit levels according to real-time volatility.

#xrp #BTC100KTrumpEffect