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Technical analysis by EbonyFalcon about Symbol XRP: Buy recommendation (8/5/2025)

https://sahmeto.com/message/3685493
EbonyFalcon
EbonyFalcon
Rank: 593
2.9
Buy،Technical،EbonyFalcon

My views on XRP still hasn't change since my last article. The price action has been quite volatile, but if you look at it in the higher time frames such as monthly/weekly/daily, I think XRP is still working to move to the upside. Daily: 1) The price has found the temporary support at Fib 0.5 level and EMA55. 2) yesterday's daily candle closed above $3.07 area (previous major resistance area) 3) Both RSI and MACD are still in the bull zone. 4) Stochastic has reached the oversold territory the lines have crossed and now are moving to the upside.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$3.07
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