TradeWize · free chart read

XRP is coiling inside a falling wedge with no clear trend under a weekly downtrend. It poked above the wedge 3 days ago without closing there. $1.2879 ends the wedge, $1.3989 resumes the rise.

XRP-USD · DAILY · read on 2026-09-03 · Poked above $1.3989 3 days ago without closing there. Still forming.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 66 bars — and that run is OVER: price closed above the last lower high 13 bars ago. Do not describe it as a trend that is still running.
Formation: falling wedge — Poked above $1.3989 3 days ago without closing there. Still forming.
Decides above: $1.3989 (the falling wedge)
Decides below: $1.2879 (the falling wedge)
Resistance: $1.5467
Level history: The last two times price reached $1.5467 it held every time, bouncing 13% on average.

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Every figure on this page was computed from the real candles up to 2026-09-03. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns