Technical analysis by CW23 about Symbol XRP: Buy recommendation (3/11/2025)

Xrp is bouncing off the bottom of the channel, pinbar candle on the 4 hr is upward pressure now that it has tested the bottom. It will probably trade in this range for a while however a symmetrical triangle is forming and it could be a larger wave 4 pullback in Elliot wave before wave 5 takes us to new ath to round out bull cycle 2025.