🔹XRP is forming a large descending wedge — a classic pattern that often signals a strong bullish move. The price has been compressed into a tight range after months of consolidation, and many analysts believe a breakout is imminent. Key resistance levels around $0.70–$0.75 will be critical for further upside, while support at $0.48 is holding firm, increasing the likelihood of a positive outcome.
🔹However, indicators such as MACD and RSI show slight signs of bearish correction, suggesting potential short-term fluctuations. Still, with price compression and the approach toward the wedge apex, the market is poised for a significant move — either a powerful rally or a final test of support. Investors should monitor developments closely, as the situation could shift rapidly.