Following XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged:
Considering these factors, a 45% jump is easily anticipated, with overall much higher upside potential.
- Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum.
- Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting bullish sentiment.
- Fibonacci Respect: The 61.8% Fibonacci level has been duly respected, underlining the strength of the uptrend.
- Bounce Off Uptrend Trendline: A clean bounce off the simple uptrend trendline further validates the bullish trajectory.
Considering these factors, a 45% jump is easily anticipated, with overall much higher upside potential.
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