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Technical analysis by MangoMan4 about Symbol XRP: Buy recommendation (7/21/2025)

https://sahmeto.com/message/3650777
MangoMan4
MangoMan4
Rank: 29156
1.2
Buy،Technical،MangoMan4

XRP has exploded out of a multi-month bullish pennant formation on the weekly timeframe, confirming a strong continuation pattern after a period of consolidation. 🔹 Key Technical Insights: ✅ Bullish pennant structure formed after a parabolic run ✅ Strong breakout candle with volume confirmation 🔼 Price now testing $3.60+ area 🎯 Target zone next: $4.80–$5.00, aligned with previous price inefficiencies and psychological resistance 📌 Why This Matters: XRP is showing one of the cleanest technical breakouts among large-cap altcoins Weekly breakout from consolidation = high probability continuation Ideal for swing traders looking for momentum plays As long as the breakout structure holds, XRP could continue its rally toward the upper target range.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$4.8
Stop Loss Price
$3.48
Price at Publish Time:
$3.62
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