XRP's recent price trend is worth paying attention to. It has been oscillating repeatedly between $2.30 and $2.40, with the price moving along the upper edge of the downward channel. From a technical perspective, this is a typical sign of accumulation—often indicating that a major move is imminent.
On the 3-day chart, the bullish structure remains solid. The 50-day moving average is flattening out, the 200-day moving average continues to trend upward, and the EMA cluster is holding steady below. The overall trend still leans bullish. This fundamental situation remains quite robust.
So, what are the key points? If the price can hold above $2.40 for three consecutive days, the upward space toward $2.70 and then to $3.13 could open up. Even if there is a pullback, there's no need to worry too much—so long as the $2 support level isn't broken, the bullish pattern remains intact.
Interestingly, XRP has formed a Triple Tap pattern, with liquidity at the interval high already cleared. It’s now at a crossroads, choosing a direction. Based on the overall market environment, the second scenario seems more likely—pullbacks could be opportunities to buy in, and the next wave might surge toward higher, unexplored regions.
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MetaverseHomeless
· 14h ago
2.40, whether we can hold this line is the key; it feels like there's definitely something in this wave.
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fren.eth
· 15h ago
Wait, is the triple tap to clear liquidity just another story? Can't you just say you're waiting for a breakdown?
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PaperHandSister
· 15h ago
Oh no, the triple tap has appeared. This time, it really is different, right?
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Just hold the $2 support line, everything else is just clouds.
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Wait, has all the liquidity been cleared? Then things are about to get interesting.
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The word "accumulation" has worn out my ears, but this time it really feels a bit different.
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Buy on the dip? I bought during the dip, and I've been trapped since then.
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March 13? Thinking about it, it's pretty crazy. Let's see if it can hold steady at 2.40 first.
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Ladies, we really can't run this time. I feel it's the right moment.
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With such moving averages aligned, it might really be about to move.
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I just want to know when it will end. Looking at charts all day is exhausting.
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Undeveloped areas... just listen, don't take it too seriously.
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ApeWithAPlan
· 15h ago
Whether you can stand firm on this 2.40 level is the key; don't just listen to the positive news.
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Anon32942
· 15h ago
2.40 has been stuck for so long, it feels like it will either break out or drop, there’s no third option, right?
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DefiSecurityGuard
· 15h ago
ngl, all this "$2.40 support" talk is giving me pause... have you actually checked the order book depth at those levels? classic honeypot setup - looks bullish on the charts but liquidity vanishes the second you try to exit. not trying to sound alarmist, but i've seen this pattern 47 times this cycle alone. DYOR before you ape in.
XRP's recent price trend is worth paying attention to. It has been oscillating repeatedly between $2.30 and $2.40, with the price moving along the upper edge of the downward channel. From a technical perspective, this is a typical sign of accumulation—often indicating that a major move is imminent.
On the 3-day chart, the bullish structure remains solid. The 50-day moving average is flattening out, the 200-day moving average continues to trend upward, and the EMA cluster is holding steady below. The overall trend still leans bullish. This fundamental situation remains quite robust.
So, what are the key points? If the price can hold above $2.40 for three consecutive days, the upward space toward $2.70 and then to $3.13 could open up. Even if there is a pullback, there's no need to worry too much—so long as the $2 support level isn't broken, the bullish pattern remains intact.
Interestingly, XRP has formed a Triple Tap pattern, with liquidity at the interval high already cleared. It’s now at a crossroads, choosing a direction. Based on the overall market environment, the second scenario seems more likely—pullbacks could be opportunities to buy in, and the next wave might surge toward higher, unexplored regions.