๐Ÿš€ XRP Bullish Divergence Sparks 20% Surge Potential in August! ๐Ÿ“ˆ



XRP is buzzing with bullish energy this August, as multiple technical signals align to suggest a significant upward move. Analysts are pointing to a key support zone and reversal patterns that could see the token soar by 20% in the coming days.

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๐Ÿ”น $2.80โ€“$2.95: The Make-or-Break Zone ๐Ÿงฑ

This critical support range is acting as a battlefield for bulls and bears.

Analysts warn that a strong hold above this zone is essential for any continuation to the upside.

Reclaiming this range sets the stage for a potential 20% rally toward $3.60+.

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๐Ÿ”ธ Bullish Divergence Detected ๐Ÿ“‰๐Ÿ”๐Ÿ“ˆ

On the 4-hour chart, XRP is printing bullish divergence:

Lower lows in price

Higher lows in RSI (Relative Strength Index)

This disconnect signals waning sell pressure and an upcoming bullish reversal.

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๐Ÿ”น Dragonfly Doji โ€“ A Strong Rebound Signal ๐Ÿ‰๐Ÿ“Š

XRPโ€™s daily candle is forming a Dragonfly Doji, a classic reversal signal.

This candlestick shows strong buyer interest after early selling, often followed by significant price jumps.

A similar pattern in April triggered a 65% rally.

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๐Ÿ”ธ Falling Wedge Breakout Imminent ๐Ÿ“โžก๏ธ๐Ÿ“ˆ

XRP is displaying a falling wedge pattern on its 4H chart โ€” a bullish formation.

The price recently bounced from the wedgeโ€™s lower trendline near the 200-EMA, indicating strong support.

A confirmed breakout could push the price to $3.60โ€“$3.65, targeting the 0.236 Fibonacci level at $3.07 as the first checkpoint.

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๐Ÿ”น What to Watch Next ๐Ÿงญ

A clean breakout above the falling wedge.

Sustained price action above $2.95 for bullish continuation.

A daily close with strong volume near $3.00+ to confirm momentum.

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๐Ÿ”ธ Analyst Insights ๐Ÿง 

> โ€œIf XRP holds the $2.80โ€“$2.95 range, bulls could dominate August,โ€ says prominent trader @Cryptoes. โ€œBreak the wedge, and we could see a swift move toward $3.60.โ€

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โš ๏ธ Caution & Reminder

As always, this is not financial advice. Every investment carries risk. Do your own research (DYOR) and manage your trades wisely.

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๐Ÿ“ฌ Stay Updated!

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๐Ÿ” Tags:
#XRP # Ripple #BullishDivergence # CryptoAnalysis #A

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GateUser-4a74c58avip
ยท 2h ago
nice one briefly explained.....
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GateUser-ef6dc125vip
ยท 18h ago
super
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GateUser-ef6dc125vip
ยท 18h ago
good
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