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Technical analysis by ceciliones about Symbol XRP: Buy recommendation (5/12/2025)

https://sahmeto.com/message/3506159
ceciliones
ceciliones
Rank: 1549
2.6
Buy،Technical،ceciliones

- On the 3-day chart, XRP displays a breakout from the bullish pennant pattern, with a target implying nearly 200% upside from the breakout point — which aligns perfectly with the Fibonacci level 2.- Additionally, price has broken above the neckline of the inverse Head and Shoulders pattern, further confirming bullish momentum.-From an Elliott Wave perspective, the first four waves of the impulse sequence are complete, and we are now likely entering the fifth and final wave, which is estimated to be shorter than Wave 3. When applying this projection, Wave 5 also ends near the Fibonacci level 2.Everything on the chart is aligned with impressive precision — there's no room for luck or coincidence here.The Fibonacci 2 level is around $7. Try to accumulate XRP now, as no major corrections are expected in the coming days.Best Regards Ceciliones🎯Is the chart hacked?… Just look at how precisely the wick of the candle reacted and bounced right off the upper boundary of the bullish pennant pattern.On the 3-day timeframe, you'll see the coin has broken out of a falling wedge pattern and completed a successful retest.It's just a matter of time before you see XRP trading above $5.

Translated from: English
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Signal Type: Buy
Time Frame:
3 روز
Profit Target:
$7
Stop Loss Price
$2.48
Price at Publish Time:
$2.6
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