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XRP and HBAR Tighten in Falling Wedges As Traders Eye Breakout Targets
XRP trades at $2.81 with support at $2.80 and resistance capped at $2.88.
HBAR holds $0.2164 with support at $0.2156 and resistance at $0.2237.
Both assets show falling wedge patterns with Fibonacci targets extending to higher levels.
XRP and Hedera (HBAR) are showing contracting structures on the daily timeframe, with both assets trading within defined support and resistance levels. XRP holds at $2.81 after gaining 0.8% over the past week, while HBAR trades at $0.2164, reflecting a 2.9% daily decline. Chart analysis indicates falling wedge formations for both, with potential targets aligned to Fibonacci extensions. Pressure in liquidity zones also highlights the next significant price levels now in focus.
XRP and HBAR Form Falling Wedges as Key Fibonacci Targets Come Into Focus
XRP trades in a narrow range between support at $2.80 and resistance at $2.88. The chart displays a falling wedge, bounded by descending resistance and a gradually rising lower boundary. Fibonacci projections highlight three upside levels, marked at $3.60, $4.00, and $4.65. In addition, liquidity heatmaps show pressure forming under clustered orders, with the next major level identified at $5.42. This provides traders with clear technical markers as price consolidates.
Hedera maintains support at $0.2156 while facing resistance at $0.2237. The structure also presents a falling wedge, with the compression forming over recent months. Technical projections outline potential Fibonacci targets at $0.296, $0.336, and $0.401. However, the price remains confined between support and resistance, reflecting a limited trading range. Daily price action has tightened, reducing volatility as the pattern continues to mature on the chart.
XRP and HBAR Approach Apex Points as Wedge Patterns Signal Imminent Breakouts
Both XRP and HBAR share similar wedge structures, reflecting parallel compression phases across the two assets. Notably, each has retraced after mid-year highs and now consolidates within narrowing formations. The charts highlight critical levels where buying or selling momentum could drive movement Emphasizes
XRP’s liquidity map further concentrated clusters, suggesting strong market interest around visible order zones. HBAR, while showing a comparable wedge, remains more subdued in volume trends but continues to hold its near-term support. These aligned technical setups mark a significant moment for both assets as they approach apex points in their respective formations.