XRP Breakout on Daily Range Expansion

Hypothesis

A breakout strategy on XRPUSDT futures that trades daily range expansions. When the current day's range (high - low) exceeds the average daily range by a significant factor, it signals a directional regime shift. The strategy enters in the direction of the breakout (close near high = long, close near low = short) on 4-hour bars, capturing multi-day continuation moves. XRP is chosen because it has a distinctive pattern of extended consolidation followed by explosive moves — often driven by regulatory news, Ripple partnership announcements, or whale accumulation. This boom-bust character makes range expansion a particularly effective signal. Only 3 parameters (range lookback, expansion multiplier, close position threshold), keeping it robust and easy to verify.