This video provides a professional Elliott Wave and technical analysis of XRP (Ripple), focusing on current market structure, major support and resistance zones, and the key scenarios that could shape the next market phase. The goal is to give viewers a clear and educational understanding of XRP’s p
1 extracted signal · 1 resolved · 0 still active
More Crypto Online20 Nov 2025, 21:20 UTC
AI-generated source summary
The analysis focuses on the XRPUSD short-term chart, indicating the market is attempting to form a low. The wave count suggests a full downward movement. The price action has come close to, but hasn't reached a 100% extension level, specifically near the $2.05 to $1.92 range. The analyst watches for signs of an upside reversal, noting it's favorable the price briefly went below the November 4th low. A previous three-wave bounce after the October 17th low didn't lead to a proper upside reversal. The analyst says a corrective base has a lower probability of upside follow-through. Dipping below the prior low was not unexpected and a 100% extension is being approached. A break above the trend channel would be a first indication of a possible low. Further evidence would be a break above the last high around $2.24, followed by a breakthrough at $2.52. The analyst suggests all levels within the current range aren't particularly meaningful. A proper five-wave move up, followed by a three-wave decline, forming a "1-2" setup, is necessary to confirm a full-scale upside reversal. Specifically, the analyst wants to see a break above the $2.69 to $2.84 price zone which represents a pivot.
AI-generated summary based on the source content.
Evidence and evaluation progress
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Signals in this source
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