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- Hey fam—did you join yesterday’s [Show Your Alpha Points] event? Still not sure how to post your screenshot? No worries, here’s a super easy guide to help you win your share of the $200 mystery box prize!
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🚀 XRP Bullish Divergence Sparks 20% Surge Potential in August! 📈
XRP is buzzing with bullish energy this August, as multiple technical signals align to suggest a significant upward move. Analysts are pointing to a key support zone and reversal patterns that could see the token soar by 20% in the coming days.
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🔹 $2.80–$2.95: The Make-or-Break Zone 🧱
This critical support range is acting as a battlefield for bulls and bears.
Analysts warn that a strong hold above this zone is essential for any continuation to the upside.
Reclaiming this range sets the stage for a potential 20% rally toward $3.60+.
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🔸 Bullish Divergence Detected 📉🔁📈
On the 4-hour chart, XRP is printing bullish divergence:
Lower lows in price
Higher lows in RSI (Relative Strength Index)
This disconnect signals waning sell pressure and an upcoming bullish reversal.
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🔹 Dragonfly Doji – A Strong Rebound Signal 🐉📊
XRP’s daily candle is forming a Dragonfly Doji, a classic reversal signal.
This candlestick shows strong buyer interest after early selling, often followed by significant price jumps.
A similar pattern in April triggered a 65% rally.
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🔸 Falling Wedge Breakout Imminent 📐➡️📈
XRP is displaying a falling wedge pattern on its 4H chart — a bullish formation.
The price recently bounced from the wedge’s lower trendline near the 200-EMA, indicating strong support.
A confirmed breakout could push the price to $3.60–$3.65, targeting the 0.236 Fibonacci level at $3.07 as the first checkpoint.
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🔹 What to Watch Next 🧭
A clean breakout above the falling wedge.
Sustained price action above $2.95 for bullish continuation.
A daily close with strong volume near $3.00+ to confirm momentum.
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🔸 Analyst Insights 🧠
> “If XRP holds the $2.80–$2.95 range, bulls could dominate August,” says prominent trader @Cryptoes. “Break the wedge, and we could see a swift move toward $3.60.”
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⚠️ Caution & Reminder
As always, this is not financial advice. Every investment carries risk. Do your own research (DYOR) and manage your trades wisely.
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📬 Stay Updated!
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🔍 Tags:
#XRP # Ripple #BullishDivergence # CryptoAnalysis #A
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