$XRP is once again testing the upper boundary of the 1H falling wedge after bouncing from the 1.31–1.32 local low. Price is currently trading around 1.36–1.37, pushing into dynamic descending resistance near 1.39–1.40.
This upper wedge zone has rejected price multiple times. That makes it a clean intraday reaction level.
For quick scalping, this is a decision area: • Rejection near 1.39–1.40 → potential rotation back toward 1.35, possibly 1.33 if momentum fades. • Strong breakout and close above 1.40 → wedge resistance weakens and opens room toward 1.43–1.45.
This is not a full trend reversal setup — it’s structure-based intraday trading. Upper boundary reactions tend to give quick moves, but breakout strength matters.
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$XRP BREAKOUT CONFIRMED — 1.43 TARGET DONE
Upper wedge resistance near 1.39–1.40 got smashed with strong 1H body close.
No fake wick. No hesitation. Clean expansion.
From 1.36 zone → 1.43 delivered 🎯
Now key level to watch: 1.40 as support
As long as price holds above breakout zone,
next liquidity sits near 1.45 – 1.48.
This is what real breakout strength looks like.
Structure respected. Target delivered. Manage profits wisely 😇
$XRP is once again testing the upper boundary of the 1H falling wedge after bouncing from the 1.31–1.32 local low. Price is currently trading around 1.36–1.37, pushing into dynamic descending resistance near 1.39–1.40.
This upper wedge zone has rejected price multiple times. That makes it a clean intraday reaction level.
For quick scalping, this is a decision area:
• Rejection near 1.39–1.40 → potential rotation back toward 1.35, possibly 1.33 if momentum fades.
• Strong breakout and close above 1.40 → wedge resistance weakens and opens room toward 1.43–1.45.
This is not a full trend reversal setup — it’s structure-based intraday trading. Upper boundary reactions tend to give quick moves, but breakout strength matters.
Follow Crypto Sat 🟨