In the previous update on $XRP, we talked about the formation of an ascending triangle pattern, where we expected to target the 1.49 level in case of breaking the resistance at 1.18. However, the price failed to achieve the breakout, which led to a decline towards the 1.088 level with the break of the ascending support, which weakened the possibility of the bullish pattern continuing. https://t.me/drjamalalazapcardolgysit/13https://t.me/c/2493438998/24$BTC
A$ETH The most important developments now:
1. The price is back trading above the 1.10 level, which restores hope for the return of bullish momentum.
2. The MACD indicator is showing slight positive momentum, while the RSI has risen to the 60 level, indicating an improvement in purchasing power.
Possible scenarios:
If the rise continues, breaking the resistance at 1.18 may reactivate the pattern’s targets at 1.29 and perhaps 1.49.
If the uptrend fails, we may see a fresh pullback towards the support levels at 1.088 or 0.878.
What is your view on the next XRP move? Do you expect an upside breakout or continued selling pressure? Share your thoughts with us!