Technical analysis by WoWAcEDuDe about Symbol XRP: Buy recommendation (8/15/2024)

Technical indicators suggest growth. There is a possibility of a growth reaction from the 50% fill of the imbalance, POC, liquidity pool with a liquidity sweep below the previous low and the completion of a truncated fifth wave of Elliott. Liquidity pools have formed above, which will act as a magnet for the price. This scenario will be invalidated if the price consolidates below the POC. Then, expectations for the price are in the order block (OB) zone.