Technical analysis by MoNi_MoN about Symbol XRP: Buy recommendation (5/31/2025)

🔍 XRP/USD – 12M Macro Outlook Currently, my primary focus remains on the 12-month (12M) chart, which provides the cleanest view of macro structure. From a technical standpoint, we are witnessing what appears to be a mid-cycle pullback within a broader bullish continuation. 📉 While it's theoretically possible for XRP to revisit the $2.00 level or lower, support has consistently held above that threshold across multiple higher time frames. Notably, the region between $2.00–$2.14 has shown to be a structural demand zone, aligning with prior breakout pivots and institutional accumulation zones. 📊 My conditions for confirmation: The current 12M candle must close above prior candle highs, establishing a higher high and preserving bullish market structure. A clean break and close above the $2.65–$2.70 range would signal momentum resumption, opening the door toward retesting the ATH zone of $3.40 and potentially forming new highs. ✅ This phase should be viewed as a market reset, not a reversal. The weekly and monthly momentum cycles are aligning for reaccumulation, and this kind of consolidation historically precedes parabolic expansion. In summary: 🧠 Bias: Bullish (macro) ⚠️ Risk level: Moderate (due to macro resistance near $2.65) 🛑 Invalidation: Weekly/monthly close below $2.00 🎯 Targets: $2.65 → $3.00 → $3.40 (ATH zone)