XRP MID-TERM AND LONG TERM ANALISYS

2024年11月22日

There has been significant demand for analyzing Ripple.

Upon examining the chart, it seems that Ripple is currently within a running triangle.

Wave D may complete its movement by hunting the all-time high.

Afterward, we could see a correction for wave E, followed by Ripple's post-pattern movement targeting a level above $15.

Some might question whether Ripple can sustain such a market cap. We should emphasize that we rely on chart analysis and do not focus on fundamental issues, as fundamentals are reflected in the chart itself.

When we reach wave E of the triangle, if we observe a clear and identifiable pattern, we can position ourselves on Ripple for the main move.

For risk management, please don't forget stop loss and capital management
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2024年12月2日

交易進行

Ripple (XRP) was analyzed at $1.40, with targets projected between $2.7 and $4.2.

Since the previous analysis, XRP has pumped over 105%, reaching key resistance zones.

Currently, wave D of a large triangle is nearing completion, with price entering the red zone. Within this area, price consolidation may occur, completing its price capacity, while time capacity remains unfulfilled. Ultimately, XRP could reject downward for wave E after stalling in the red box.

This downward move is not Ripple's primary rally, as the major movement is expected after wave E