After approximately 160 days of re-accumulation, XRP has broken out of the consolidation range and is now retesting the breakout trendline — a classic bullish setup. This retest presents a strategic opportunity to begin DCA (Dollar Cost Averaging) into a long position, aligning with the confirmation of a trend reversal.
Technical Highlights:
Breakout from long-term re-accumulation range
Retesting the trendline as support
Positive market sentiment and volume backing the move
DCA Strategy Zone: Current levels near the retest
Target Levels:
First Target: $3.00
Second Target: $3.45
Final Target: $4.00
Technical Highlights:
Breakout from long-term re-accumulation range
Retesting the trendline as support
Positive market sentiment and volume backing the move
DCA Strategy Zone: Current levels near the retest
Target Levels:
First Target: $3.00
Second Target: $3.45
Final Target: $4.00
🧠 8+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🧠 8+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.