XRP is currently experiencing significant market activity, with a bullish signal indicating the possibility of a long position. The chart shows a pennant formation after a sharp upward trend, suggesting a positive outlook.

However, there is a decrease in momentum according to the MACD, although it remains in positive territory. The RSI is near neutral. If there is a breakout above resistance levels, it could confirm the continuation of the upward trend. On the other hand, there are indications of a bearish scenario with a descending triangle pattern forming, indicating lower highs and horizontal support. The RSI suggests an oversold recovery, and the MACD reflects weak momentum. If there is a breach of support, it could signal further downside risk.

Market conditions currently show a neutral consolidation within a symmetrical triangle, indicating indecision among traders. The RSI remains stable near mid-levels, and the MACD suggests weak momentum. The next trend direction will be determined by a breakout above resistance or a breakdown below support. Traders are advised to join live streams for real-time insights and strategies. The current entry price is set at $2.40, with a target price of $2.35. XRPUSDT is currently trading at $2.5299, reflecting a 7.71% increase.