This chart displays the XRP/USDT pair in a 4-hour timeframe, indicating a bullish pattern. The price consolidates within a descending triangle, nearing the apex, with strong support around $2.15. A breakout above the resistance trendline could trigger a 53.08% price increase, targeting approximately $3.50. The EMA Ribbon shows resistance levels, but the price attempts to climb above them, suggesting potential upward momentum. Increased volume near the breakout point and recovering RSI indicates growing buyer interest. If the breakout is confirmed, the market could shift toward bullish sentiment, leading to significant gains in the price.
BTC Dominance has been rejected from the resistance line. Also, close the daily candle below it. We are insanely insanely bullish on Altcoins now.
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Trade Details:
Entry: Around 2.21 ( Join my Binance live for premium crypto signals )
TP: 3.40 SL: hold
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