$XRP recently broke above a falling wedge formation but later failed to hold gains, forming a double top that triggered a corrective move. Price has been consolidating within a descending channel and is now testing a liquidity zone near $2.80 after a prior fake break. Holding this area as support is critical for bulls to regain control. If maintained, the structure favors a rebound toward 3.40, aligning with the upper target trendline.


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August 21, 2025 at 11:31 AM
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