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Unlock $XRP Price Breakout: The Heavy Leveraged Longs Problem - Technical Analysis
Watch now 👉
In this video, Mariano from The Trading Parrot delivers an in-depth technical analysis of Ripple (XRP). Covering weekly and daily charts, he identifies key support and resistance levels, examines liquidity pools, and highlights a potential head and shoulders bearish setup. You’ll also get insights into on-chain metrics and legal overhang factors shaping XRP’s next move. Whether you’re tracking macro sentiment or monitoring micro price shifts, this breakdown offers clear levels and indicators to inform your trading strategy.
00:00 Weekly Timeframe & Key Levels
02:15 Liquidity Pools & Ascending Support
04:40 Legal Overhang & On-Chain Data
05:07 Daily Bearish Setup & Head & Shoulders