Technical analysis by AzrulAzir about Symbol XRP: Buy recommendation (11/7/2024)

XRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658. However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077. This analysis will be updated if any significant changes occur. Thank you.