Total Quality
Score
2.4007
1.9000000000
4.5
XRPUSDT
1H
The analysis begins with Bitcoin reaching a new all-time high of $110,000 after a drop from inauguration day. A bearish shark harmonic pattern was identified earlier, targeting $86,000. Bitcoin back-tested a range between $80,000 and $110,000. There was negative news surrounding tariff uncertainty during this period. The analysis points out Bitcoin mirrored its high-price action at a lower level by taking out the low after taking out the high. After reclaiming the yearly pivot, the analyst targeted another harmonic setup around $112,000-$114,000. Previously, a shark pattern was identified projecting a move to $107,000-$110,000 by the end of May. There is a potential pullback to $105,000-$106,000 before further upside. Bitcoin is up approximately 50% from its lows. XRP is expected to move up to $2.42, the quarterly pivot. Confirmation of continued upside requires XRP to remain above $2.42, with targets of $2.90 and $3.03, the ultimate target for XRP is $4.50. Bitcoin is a key factor to validate XRP trend.
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