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JD Maps XRP Falling-Wedge Scenario Toward Roughly $0.75-$0.85

JD Maps XRP Falling-Wedge Scenario Toward Roughly $0.75-$0.85

Photo: TokenPost

Crypto analyst JD has marked a roughly $0.75-$0.85 zone on XRP (XRP)'s weekly chart as a possible destination if bulls fail to build momentum within a multi-month falling wedge. JD separately described the area as his next buy target if XRP reaches it. In a Thursday, Oct. 29, post on X, he wrote: “If BULLS fail to gain momentum, this MASSIVE FALLING WEDGE could send XRP into my PINK BOX!” His chart marks three earlier declines of 50.15%, 65.94% and 31.24%, each alongside a bearish cross in the weekly relative strength index (RSI).

Source: TokenPost

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