🔥
$XRP Approaches Key Breakout Zone as Bulls Regain Control 🚀
$XRP is holding firm near $2.42, recovering steadily from the October 10 dip while shaping a symmetrical triangle - often a sign of brewing volatility and a potential breakout.
📊 Market Signals:
• 20-day SMA has crossed above the 50-day SMA, pointing to growing bullish strength.
• Resistance zone: $2.50-$2.70 remains the battleground for confirmation of a trend reversal.
• RSI near 49 shows a balanced market - waiting for a volume surge to choose direction.
💥 Technical Outlook:
• Bullish case: A sustained close above $2.50 may trigger a move toward $2.70.
• Bearish case: Losing $2.30 could expose support at $2.10.
💡 Perspective:
XRP stands at a decision point - the next breakout or rejection will likely define its mid-term trajectory.
#XRP #CryptoMarket #Altcoins #Ripple
📊 WhiteBIT Chart : XRP/USDT
