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Technical analysis by ForeignCapital_fx about Symbol XRP: Buy recommendation (1/30/2025)

https://sahmeto.com/message/3212707
ForeignCapital_fx
ForeignCapital_fx
Rank: 30061
1.0
Buy،Technical،ForeignCapital_fx

Given that at the current moment of writing this short thesis XLM is roughly 10,94% up. This is important because XRP is highly correlated to XLM price movements. Given that XRP has not yet moved ,is it presumptuous to think it will follow suit with a similar upside move. The outcome of the ongoing court is still holding the imminent parabolic move. The recent Fed commentary by Jerome Powell that banks are ready to serve their clients with crypto offerings was indeed a positive stance, so this means institutional investors are coming on board therefore expect a high influx in the billions of dollars. Summary : Buy/Long Entry = Current Price (3.12440) Entry 2 = 3.21514 Target = 3.61227 Follow, Boost and share my ideas. Foreign Capital 'If you Know, you Know."

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3.61
First Support:
$2.95
First Resistance:
$3.35
Price at Publish Time:
$3.13
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