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XRPUSDT
Long Entry 2.7940 2025-09-26 20:09 UTC
Target 2.9900 Fail 2.6400
Risk/Reward 1 : 1
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XRPUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Range Market
The analysis focuses on XRPUSD, noting its struggle to gain upward momentum despite holding above the structural support line at $2.65. The current price hovers around $2.73. While support is maintained, short-term strength is lacking. A break above $3.40 is needed to signal an upside breakout; otherwise, price action within the range is considered 'noise'. A drop below the red line, specifically around $2.65, could shift the outlook from an impulsive to a more bearish or complex structure. The analyst suggests that an immediate target area could be near $2.99 if a C wave forms, providing potential resistance levels in case of an upside move from current positions. However, the lack of a five-wave move up indicates continued uncertainty. To downside if it breaks 2.65 it will lead to a pathway to lower support area.
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