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Technical analysis by MarketIntel about Symbol XRP: Sell recommendation (12/8/2025)

https://sahmeto.com/message/3970727
MarketIntel
MarketIntel
Rank: 30775
1.2

XRP: Likely to Move Lower

Sell
Price at Publish Time:
$2.09
Sell،Technical،MarketIntel

Ripple’s XRP is expected to retrace further into the green Target Zone ranging from $1.03 to $0.38 as part of a blue downward impulse, which would complete the higher-level turquoise wave B. Afterward, wave C should drive price sharply higher, ultimately setting a new high for the larger wave (Y) above the resistance at $4.09. However, if bulls manage to push the altcoin above the $3.19 resistance and the $4.09 level in the near term—a scenario we estimate has a 30% probability—it would suggest that the turquoise alt.B wave has already been completed, and our Target Zone would no longer be reached.

Source Message: TradingView
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