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XRPUSDT
Long Entry 2.9739 2025-09-20 19:44 UTC
Target 3.4500 Fail 2.7300
Risk/Reward 1 : 2
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XRPUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The video analyzes the XRPUSD pair using technical analysis. Currently priced at $2.99, XRP is anticipated to experience consolidation before a breakout. The speaker foresees a horizontal consolidation pattern with an upward breakout around Monday, Tuesday, or Wednesday of the following week. A projection based on a measurement similar to the previous upward movement, suggests a target price of $3.45 by the month's end. The analysis considers not only a breakout from the horizontal channel, but also the broader consolidation phase since July. This chain reaction could cascade with breaking the $3.15 price point triggering a larger move. A failure to hold support would be realized at $2.73 if the predictions do not hold. Shorter timeframes indicate the stochastic and MACD may want to move higher. As far as the RSI levels, forming an upward trend with a test of higher lows.
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