The macro structure for $XRP has transitioned into a decisively bullish phase. After moving beyond a massive 4-year descending wedge, we are now observing a critical consolidation between $1.00 and $1.50.
This zone is where supply is often absorbed by long-term participants before a potential trend continuation.
Technical Outlook:
Opportunity Zone: Watching the $0.70 - $0.80 range for potential liquidity tests.
Upside Targets: $3.50 | $5.00 | $10.00+
Risk Management: A weekly close below $1.30 would invalidate this specific macro thesis.
Verdict: The technical structure is coiling. Momentum is building, and the long-term charts suggest the reversal is firmly in place. 🐺🧤