๐ 
XRPUSDT XRP/USD AltCoin Market ๐
XRP stuck between โ๏ธ Accumulation ($2.80โ$2.85) and ๐ฐ Distribution ($3.00โ$3.10) zones.
Descending triangle ๐ป hinting possible breakdown if $2.80 fails โ eyes on $2.65 next.
But a clean breakout + hold above $3.05 could flip bias bullish โ $3.20โ$3.40 ๐ข
๐ Macro View:
ETF delays ๐ฆ + U.S. shutdown โ ๏ธ keep pressure on alts.
Still, crypto inflows ๐ธ remain strong โ extreme negativity could fuel a contrarian bounce.
๐ฏ Setups
๐ Long: Breakout + retest above $3.05 โ ๐ฏ $3.20 / $3.40
๐ Short: Breakdown below $2.80 or rejection from $3.05 โ ๐ฏ $2.70 / $2.55
XRP stuck between โ๏ธ Accumulation ($2.80โ$2.85) and ๐ฐ Distribution ($3.00โ$3.10) zones.
Descending triangle ๐ป hinting possible breakdown if $2.80 fails โ eyes on $2.65 next.
But a clean breakout + hold above $3.05 could flip bias bullish โ $3.20โ$3.40 ๐ข
๐ Macro View:
ETF delays ๐ฆ + U.S. shutdown โ ๏ธ keep pressure on alts.
Still, crypto inflows ๐ธ remain strong โ extreme negativity could fuel a contrarian bounce.
๐ฏ Setups
๐ Long: Breakout + retest above $3.05 โ ๐ฏ $3.20 / $3.40
๐ Short: Breakdown below $2.80 or rejection from $3.05 โ ๐ฏ $2.70 / $2.55
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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.