XRP/USD: Break Above 1.1718 Could Confirm a Bullish Reversal

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XRP/USD: Break Above 1.1718 Could Confirm a Bullish ReversalXRP / TetherUSBINANCE:XRPUSDTJohn_IsigeXRP is testing the key resistance at 1.1718 for the second time, while the chart is forming an ascending triangle pattern. A confirmed breakout above 1.1718 could strengthen bullish momentum and open the way toward 1.2695, 1.3671 and 1.4648. The upward turn in the Bollinger Bands and improving MACD support this scenario, although the overbought Stochastic oscillator suggests that a short-term pullback remains possible. The bearish scenario would become relevant if XRP consolidates below 1.0742. This would invalidate the triangle pattern and could trigger a decline toward 0.9765 and 0.8789. Support: 1.0742, 0.9765, 0.8789 Resistance: 1.1718, 1.2695, 1.3671, 1.4648