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Technical analysis by basictradingtv about Symbol XRP: Buy recommendation (5/15/2025)

https://sahmeto.com/message/3516012
basictradingtv
basictradingtv
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Xrp - XRPUSD - is preparing for new all time highs:(click chart above to see the in depth analysis👆🏻)Xrp has clearly been trading sideways for the past 8 years. Meanwhile, market structure is respected perfectly and it seems to be just a matter of time until Xrp will create new all time highs. With the recent bullish break and retest, this scenario becomes even more likely.Levels to watch: $3.0Keep your long term vision!Philip (BasicTrading)Xrp - XRPUSD - is quite weak recently:(click chart above to see the in depth analysis👆🏻)With the recent shorter term break and retest confirmation, Xrp started the next major bullish move with a rally of about +40%. However, in the meantime Bitcoin is already hitting new all time highs, clearly outperforming these altcoins, which will eventually catch up though.Levels to watch: $3.0Keep your long term vision!Philip (BasicTrading)Xrp - XRPUSD - is still undecided:(click chart above to see the in depth analysis👆🏻)As you can see by looking at the previous monthly candle closure, Xrp is currently quite undecided and not really following the overall crypto market. This itself is not a bad sign at all, but if the weakness continues, we will see another retest of the lower support.Levels to watch: $1.7, $3.0Keep your long term vision!Philip (BasicTrading)

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Profit Target:
$3
Stop Loss Price
$2
Price at Publish Time:
$2.43
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