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Technical analysis by jasperlawler about Symbol XRP: Buy recommendation (7/13/2025)

https://sahmeto.com/message/3631514
jasperlawler
jasperlawler
Rank: 1052
2.6
Buy،Technical،jasperlawler

Setup The price has been consolidating since the explosive move from ~50c to $3 last year. There has been a wide $1 price range between $2 and $3. A failed breakdown below a still rising 30-week moving average and new 4-month high suggest underlying bullishness. Signal Should there be any follow-through to last week's big up-move, then any pullback to the golden pocket between the 50% and 61.8% Fibonacci retracement levels could trigger a rebound.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$2.8
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