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Technical analysis by TradingBrokersView about Symbol XRP: Buy recommendation (4/1/2025)

https://sahmeto.com/message/3385034
TradingBrokersView
TradingBrokersView
Rank: 3615
1.8

XRPUSD Falling Wedge bullish break out. Target 2.3700

Buy
Price at Publish Time:
$2.14
Profit Target:
(+10.95%)$2.37
Buy،Technical،TradingBrokersView

XRP broke above its Falling Wedge pattern. Being under the MA50 (4h) means that this is still a good short term buy opportunity.Last time it had a break out like today's (March 11th), it hit the 0.786 Fibonacci retracement level.Trading Plan:1. Buy on the current market price.Targets:1. 2.3700 (the 0.786 Fibonacci retracement level).Tips:1. The RSI (4h) has been on a Rising Support while the price was on a Falling Support. This is a bullish divergence signal that prompted early today's break out.Please like, follow and comment!!Notes:Past trading plan:

Source Message: TradingView
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