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Technical analysis by isahebdadi about Symbol XRP: Sell recommendation (11/22/2025)

https://finbeet.com/message/3935486
isahebdadi
isahebdadi
Rank: 826
2.6

XRP at a Make-or-Break Moment: Rebound Ahead or Major Breakdown?

Message Type:Sell
Price at Publish Time:
$1.9
Sell،Technical،isahebdadi

XRP has now reached the lower boundary of its long-term ascending channel, a level that has historically triggered either strong bullish reversals or major breakdowns. This area represents the true decision point between continuation of the uptrend or a potentially deep correction. Technical Overview Structure • Price has been moving inside a broad ascending channel for more than a year. • It is currently testing the channel support. • The 50-day SMA is above the price → bearish pressure still present. Bullish Scenario (if the channel support holds) If XRP stabilizes above 1.90–1.95: Targets: • Target 1: $2.43 • Target 2: $2.85 • Target 3: $3.20 • Major Target: Channel top near $4.00 Conditions for confirmation: ✔ Holding the lower channel line ✔ Reclaiming the 50-day SMA Bearish Scenario (if the channel support breaks) A daily close below $1.85 would confirm a breakdown. Targets: • Target 1: $1.60 • Target 2: $1.28 • Final Target: $1.00 or lower This scenario becomes active if the channel fails. Suggested Stop-Loss For long positions: $1.85 For short positions (after breakdown confirmation): $2.05

Source Message: TradingView