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Technical analysis by Captain-MAO about Symbol XRP: Buy recommendation (5/31/2025)

https://sahmeto.com/message/3566594
Captain-MAO
Captain-MAO
Rank: 1920
2.4
Buy،Technical،Captain-MAO

After approximately 160 days of re-accumulation, XRP has broken out of the consolidation range and is now retesting the breakout trendline — a classic bullish setup. This retest presents a strategic opportunity to begin DCA (Dollar Cost Averaging) into a long position, aligning with the confirmation of a trend reversal.Technical Highlights:Breakout from long-term re-accumulation rangeRetesting the trendline as supportPositive market sentiment and volume backing the moveDCA Strategy Zone: Current levels near the retestTarget Levels:First Target: $3.00Second Target: $3.45Final Target: $4.00

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3
Stop Loss Price
$1.9
Price at Publish Time:
$2.15
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