#CelebratingNewYearOnGateSquare XRP is currently showing signs of consolidation after a recent impulsive move, forming a tight range structure on the 4H and daily timeframe. Price action suggests accumulation above a key demand zone, with buyers defending higher lows. Momentum indicators are gradually shifting bullish, hinting at a potential breakout continuation.



On the daily timeframe, XRP remains above its mid-term moving averages, maintaining an overall bullish structure. RSI is hovering near the neutral 50–55 zone, indicating room for upside expansion without being overbought. MACD shows early signs of a bullish crossover, which could confirm momentum strength if volume increases.

Trade Setup (Swing Bias – Bullish):
Entry Zone: Near current consolidation support area
Primary Target (TP1): Recent local high resistance
Secondary Target (TP2): Psychological breakout level above prior high
Stop Loss: Below the most recent higher low on 4H structure

If price successfully breaks and closes above immediate resistance with strong volume confirmation, upside continuation toward the next liquidity zone is likely. However, rejection at resistance could push XRP back into range-bound movement before the next decisive move.

From a broader perspective, XRP benefits from periodic ecosystem developments and market-wide bullish sentiment. If Bitcoin dominance stabilizes and altcoin rotation strengthens, XRP may outperform in short-term bursts.$XRP
XRP-2,58%
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