Technical analysis by SeoVereign about Symbol XRP: Sell recommendation (7 hour ago)

The basis for presenting a bearish perspective in this idea is grounded in Elliott Wave Theory. In Elliott Wave analysis, the following representative length ratios are applied: WAVE5 = WAVE1~3 * 0.382 WAVE.C = WAVEA * 0.618 To help you confirm these ratios more intuitively, I have plotted all the relevant sections on the chart. Accordingly, the average target price is set around 2.855 USDT. Additional briefings will continue to be updated in this idea as the chart develops.