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Technical analysis by STERLINGREGENT about Symbol XRP on 5/18/2025

https://sahmeto.com/message/3524477
STERLINGREGENT
STERLINGREGENT
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https://www.tradingview.com/x/Ix9iPvQe/Ripple. This assumed wave II green may still under way as nothing impulsive of the blue degree has yet formed to convince that wave III.1 green (or 1st blue in the IIId) is underway. XRP possibly (optimistically) can continue going up now (will take a lot to explain), to that upper brown line (imo, channeling techniques), but not to the red one. Timing considerations send to end of July for the start of the next big wave, with the last corrective part (Z) tapping 3d time on the current trendline candidate and printing likely some reversal pattern. XRP is not out of the woods yet, but can go up locally, not more.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$2.39
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