Technical analysis by WoWAcEDuDe about Symbol XRP: Buy recommendation (3/10/2024)

An ascending trend has emerged, confirmed by the upward movement above the bos level. At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382. At the moment, I expect liquidity to be withdrawn beyond the Fibonacci 0.382 level and a reversal towards the target. According to Elliott waves, the completion of the 5th wave - Fibonacci 1.618 coincides with the planned target.