Technical analysis by HexaTrades about Symbol XRP: Buy recommendation (9/12/2025)
https://sahmeto.com/message/3767064

HexaTrades
Rank: 59
Analytical Power:
3.9

XRP is breaking out of a descending wedge structure on the daily chart after weeks of consolidation. Price is reclaiming moving averages (50 EMA & 100 EMA), showing renewed bullish momentum. ✏️ Entry Zone: ~$3.05 ✏️ Target (TP): $5.00 (major resistance from previous high) ✏️ Stop-Loss (SL): ~$2.70(below support / invalidation level) ✏️ Risk/Reward Ratio: 1:6 Key Points - Daily structure shows a series of higher lows holding strong. - Breakout accompanied by volume confirmation suggests buyers stepping in. - If price sustains above the breakout trendline, momentum could extend toward $5+. - Losing $2.70 support would invalidate the bullish setup. Cheers Hexa
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$5Stop Loss Price
$2.7Price at Publish Time:
$3.05