Technical analysis by PouyanTradeFX about Symbol XRP: Buy recommendation (4/5/2025)
https://sahmeto.com/message/3389859

PouyanTradeFX
Rank: 1851
Analytical Power:
2.1
XRPUSD - ANALYSIS
Buy
Price at Publish Time:
$2.13
Profit Target:
(+88.05%)$4
Stop Loss Price:
(-55.43%)$0.94799

👀 Observation:Hello, everyone! Based on what I see on the XRP (Ripple) chart, if we close above the price of 1.96695 on the weekly timeframe, I expect the start of a bull market towards the upside with a target of 4.00.However, if the weekly candle closes below 1.96695, I anticipate a bearish move for Ripple, targeting 0.94799.📉 Key Levels to Watch:Support: 0.94799Resistance: 4.00Weekly closing price above 1.96695 will indicate a bullish trend.💡 Expectation:Bullish Scenario: Price closes above 1.96695 on the weekly, targeting 4.00.Bearish Scenario: Price closes below 1.96695, targeting 0.94799.💬 What’s your outlook on XRP this week? Let me know your thoughts in the comments!Trade safe
Source Message: TradingView