Technical analysis by mindfullylost about Symbol XRP: Buy recommendation (5/22/2025)
https://sahmeto.com/message/3540130

mindfullylost
Rank: 1713
Analytical Power:
2.5

Good Morning, Hope all is well. Although I do not believe in predicting the future (At least not long term), I thought it would be fun to evaluate XRP. If, if I was to take into account support and resistance zones, elliott wave theory, price movement levels this is most likely how it would turn out. As you can see XRP is about to finish a large bullish wave which started April, 07, 2025. We have just experienced a pull-back in which I believe will lead to one more bullish movement upwards before correcting again into a slightly larger pull-back. After this move if we maintain all previous supports it would be highly likely that we hit the 4$ mark.Buckle up lets see.Thanks
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$4Stop Loss Price
$2Price at Publish Time:
$2.43