Technical analysis by ALGO_Trading_point about Symbol XRP on 8/6/2025

Ichimoku Cloud + Descending Channel Breakout Strategy The chart combines: Descending Channel: XRP has been trading in a downward-sloping range. Ichimoku Cloud: Price is attempting to break through the cloud, signaling a potential bullish trend reversal. This strategy targets a breakout above the channel and cloud, aiming for key resistance levels. --- 🎯 Your Targets: 1. $3.04 2. $3.1928 3. $3.32 – $3.35 (top of channel)trade active 1 target achieveall target done