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Technical analysis by SeoVereign about Symbol XRP: Buy recommendation (5/23/2025)

https://sahmeto.com/message/3540742
SeoVereign
SeoVereign
Rank: 384
3.2
Buy،Technical،SeoVereign

We are the SeoVereign Trading Team.With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.🔔 Follow us to never miss a market update.📈 [Ripple (XRP) Short-Term Wave Analysis Presented]Currently, Ripple is analyzed to have completed its B wave around the $2.20 level in the mid- to short-term wave count. Accordingly, the upcoming movement is likely to be an upward C wave or the beginning of a new bullish wave.Based on the technical structure and wave theory, the short-term targets are as follows:1st Target: 2.492nd Target: 2.513rd Target: 2.55In the short term, whether previous highs are broken and the strength of buying pressure are key indicators to watch. If the rise continues with increased trading volume, the above targets are likely to be valid.📌 Strategy Summary:Pullback buying strategy is valid with proper risk managementKey support level is around $2.20Position adjustment to follow based on future main scenario updatesStrategy based on the mid-term main outlook will be provided sequentially.

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$2.55
Stop Loss Price
$2.2
Price at Publish Time:
$2.45
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