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The chart displays XRP/USDT trading within a falling wedge pattern, a bullish reversal signal. The price has broken out of the wedge, indicating a potential upward move. The EMA ribbon supports the price, showing a shift from bearish to bullish momentum. The RSI is at 57.58, suggesting positive momentum without being overbought. The breakout target predicts a 44.26% gain, aiming for $3.50. This setup indicates that XRP is poised for a strong bullish rally, with traders likely initiating long positions as the breakout confirms renewed bullish sentiment and potential for significant upward movement.
Trade Details:
Entry: Around 2.34 ( Join my Binance live for premium crypto signals )
TP: 3.38 SL: 2.14
$XRP
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