XRP (XRP/USDT): Bullish Divergence & Channel Breakout SetupXRPUSDT SPOTBYBIT:XRPUSDTHoneyBadgerAIXRP is currently showing signs of a strong impulsive recovery on the lower timeframes. After a period of corrective consolidation within a descending wedge, the price is reacting sharply off the lower boundary of a major ascending channel. With momentum indicators flashing bullish signals, we are anticipating a breakout that initiates the next impulsive wave. Market Structure: * The price is respecting a macro ascending channel (blue). Locally, we have completed a corrective Wave ii sequence within a tight descending wedge. The recent touch of the channel's lower support has triggered a strong reaction, suggesting that liquidity has been successfully grabbed. Momentum Indicators: * The RSI Divergence Indicator is confirming multiple bullish signals (noted as RSIDivLE and RSIDivLL on the chart). This cluster of bullish divergence at a major support level provides high-confluence for a trend reversal. Price Projection: * The primary goal is a breakout above the local wedge resistance. Target 1: $1.46 (Mid-channel resistance / Local high). Target 2: $1.52 (Upper channel boundary). Target 3: $1.58+ (Wave iii impulsive target).