XRP(
XRPUSDT) is moving within a resistance zone($2.32-$2.19) and has shown notable reactions to the resistance line and the Potential Reversal Zone(PRZ)[$2.29-$2.24].
From a technical analysis perspective, it seems that XRP has formed a Symmetrical Triangle Pattern. If the lower line of this pattern is broken, it would align with our analysis.
Additionally, from an Elliott Wave theory standpoint, we expect the next corrective wave for XRP, and a break of that lower triangle line would confirm this expectation.
I expect that in the upcoming hours, XRP will begin a downward trend and test the support zone($2.16-$2.11). If it breaks through that support, we can expect further declines toward the next support zone($2.04-$2.00) and Cumulative Long Liquidation Leverage($2.04-$2.02).
First Target: $2.133
Second Target: $2.069
Third Target: $2.043
Stop Loss(SL): $2.330
Cumulative Short Liquidation Leverage: $2.30-$2.25
Cumulative Long Liquidation Leverage: $2.16-$2.13
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 XRP Analyze (XRPUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
XRPUSDT) is moving within a resistance zone($2.32-$2.19) and has shown notable reactions to the resistance line and the Potential Reversal Zone(PRZ)[$2.29-$2.24].From a technical analysis perspective, it seems that XRP has formed a Symmetrical Triangle Pattern. If the lower line of this pattern is broken, it would align with our analysis.
Additionally, from an Elliott Wave theory standpoint, we expect the next corrective wave for XRP, and a break of that lower triangle line would confirm this expectation.
I expect that in the upcoming hours, XRP will begin a downward trend and test the support zone($2.16-$2.11). If it breaks through that support, we can expect further declines toward the next support zone($2.04-$2.00) and Cumulative Long Liquidation Leverage($2.04-$2.02).
First Target: $2.133
Second Target: $2.069
Third Target: $2.043
Stop Loss(SL): $2.330
Cumulative Short Liquidation Leverage: $2.30-$2.25
Cumulative Long Liquidation Leverage: $2.16-$2.13
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 XRP Analyze (XRPUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Giao dịch đang hoạt động
Trade was activated in Cumulative Short Liquidation Leverage: $2.30-$2.25Đóng lệnh: đạt mục tiêu
Full Target Done
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
🎁 Free Real VIP Forex and Crypto Signals. Please visit:
🔗 t.me/ProTrader_365
🔗 t.me/ProTrader_365
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.