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XRP Forms Bullish Higher Lows—$2.93 Breakout Could Trigger Mega Rally

XRP Forms Bullish Higher Lows—$2.93 Breakout Could Trigger Mega Rally

Author:
Coindesk
Published:
2025-07-16 05:50:09
18
2

XRP Builds Higher Lows, $2.93 Breakout Would Signal Trend Shift

XRP's chart flashes a textbook accumulation pattern—higher lows whisper 'bull trap' to skeptics while bulls eye a $2.93 breakout like last call at a crypto conference bar.


The Setup:

Each dip gets shallower—like Wall Street's understanding of DeFi—as buyers step in earlier. That $2.93 resistance? The line between 'dead cat bounce' and 'I told you so' memes.


Why It Matters:

Clearing $2.93 flips the script—suddenly every trader who mocked 'Judge Torres' rulings' starts FOMO-ing into 'regulatory clarity plays.' Classic.


Bottom Line:

XRP's either coiling for a 2021-style moonshot or luring retail into another 'digital asset' rug pull. Place your bets—just maybe hedge with something that isn't 90% lawsuit baggage.

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