XRP / TetherUS
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Lingrid | XRPUSDT false Break Below Daily Lows

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The price perfectly fulfilled my previous idea. XRPUSDT has rebounded from the lower boundary of the descending channel, forming a potential double bottom near $2.26. Price action suggests building momentum within a consolidation zone, with targets aligned at the $2.34 level just below trendline resistance. A higher low could set up a clean push toward the upper channel range. Watch for breakout signs above the blue line.

📈 Key Levels
  • Buy zone: $2.26–$2.28
  • Buy trigger: confirmation above $2.29
  • Target: $2.34
  • Sell trigger: breakdown below $2.26

💡 Risks
  • Rejection at trendline near $2.30 may stall upside
  • Failure to hold above $2.26 support shifts bias bearish
  • Weak volume on rebound could signal short-term fakeout

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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