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Stephanie Starr
@StephanieStarrC
The Structure Is Bullish — Not Bearish
A falling wedge is one of the strongest bullish reversal patterns, and XRP has a habit of doing exactly this before explosive moves.
- Converging trendlines
- Price compressing into a tight apex
- Momentum flattening
- Support at ~$1.90–$2.00 holding repeatedly
This is NOT what a breakdown looks like.
A breakdown would show:
- Expanding volatility
- Accelerating RSI drop
- Breaking support with strong volume
- Candle bodies closing below the lower wedge boundary
None of that is showing.
Instead, it has:
- A narrowing volatility channel
- Support holding EXACTLY where it needs to
- Bear exhaustion
- Typical RSI basing behavior
Critical Observation: The last time XRP did this exact pattern?
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It broke the wedge and launched from $0.48 → $3+ in weeks.
This daily chart looks almost identical to:
- June 2023
- July 2021
- December 2017
Every one of those wedges resulted in a v*****t move UP.
The Key Levels to Watch
Here is your real trigger map:
Breakout Trigger (Bullish Ignition Level): $2.20 – $2.30
If XRP closes a daily candle above that zone, it confirms a wedge breakout. And once $3.33 breaks?
It’s open skies.
Most Important Detail
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The wedge is nearly out of room.
This means: A big move is coming between now and mid-January
And statistically?
Falling wedges break upward 70–75% of the time, especially:
- After long consolidation
- Near cycle midpoints
- Following macro bullish catalysts (like ETFs)
This chart checks ALL boxes.
Come on Santa Rally
Source(s):
https://x.com/StephanieStarrC/status/1998947364317323611
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