Signal Type: Long
$XRP is showing strong bullish momentum! The coin has already rallied significantly without testing its previous support levels. Currently, it is holding steady above the EMA Ribbon and Bollinger Bands support, both strong indicators of further upward movement. These technical signs point to an upcoming aggressive pump for XRP.
XRP Chart Insights:
XRP is gaining strength, aided by bearish trends in $BTC dominance. The dominance chart reveals that BTC is struggling below its EMA Ribbon and Bollinger Bands, creating the perfect environment for altcoins like XRP to surge.
BTC Dominance Analysis:
BTC’s weaker performance is paving the way for a potential altcoin rally. TOTAL3, a key indicator for altcoins, has already broken through its resistance level with impressive volume. It is also maintaining strong support on both EMA Ribbon and Bollinger Bands, further solidifying the bullish case for XRP.
📈 Trade Setup for Spot Traders Only:
Entry Price: 1.9055
First Target (T/P1): 2.23
Second Target (T/P2): 2.66
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Act now to ride this wave of opportunity! Stay updated, manage your risk, and let’s capitalize on XRP’s next big move!