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📈 Ripple (XRP) Long Position Strategy
Currently, XRP appears to have completed a 5-wave structure with an ending diagonal pattern in the final wave. Notably, Wave 3 respected the 1.272 extension of Wave 1 with precision, adding confidence to the Elliott Wave count. This setup typically suggests a trend exhaustion, followed by a potential move higher after a corrective phase.
✅ Entry Strategy
Enter long after confirmation of support in the current correction zone.
Stop-loss should be placed tightly below the invalidation level of the structure.
🎯 Target Levels
1st Target: $2.42 — Breakout above the diagonal resistance
2nd Target: $2.47 — Retest of previous high resistance
3rd Target: $2.51 — Potential completion of the extended move
🔍 Technical Notes
MACD is attempting a bullish crossover after forming higher lows
RSI is recovering after exiting the overbought zone
Volume is tightening, suggesting a strong move may follow on breakout
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
📈 Ripple (XRP) Long Position Strategy
Currently, XRP appears to have completed a 5-wave structure with an ending diagonal pattern in the final wave. Notably, Wave 3 respected the 1.272 extension of Wave 1 with precision, adding confidence to the Elliott Wave count. This setup typically suggests a trend exhaustion, followed by a potential move higher after a corrective phase.
✅ Entry Strategy
Enter long after confirmation of support in the current correction zone.
Stop-loss should be placed tightly below the invalidation level of the structure.
🎯 Target Levels
1st Target: $2.42 — Breakout above the diagonal resistance
2nd Target: $2.47 — Retest of previous high resistance
3rd Target: $2.51 — Potential completion of the extended move
🔍 Technical Notes
MACD is attempting a bullish crossover after forming higher lows
RSI is recovering after exiting the overbought zone
Volume is tightening, suggesting a strong move may follow on breakout
🌐서버린 공식 텔레그램 채팅방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌐서버린 공식 텔레그램 채팅방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.