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

AI-generated source summary

XRPUSD is currently in a pullback following an initial rebound that commenced on November 21st. The daily chart indicates that a sustained move below the $1.75-$1.76 support level would likely signal an extension or reset of the Wave IV correction, which potentially bottomed on October 10th. The structure observed since the October low is unconvincing, largely due to a systemic failure on that date causing varied low points across exchanges. The primary bullish scenario projects a five-wave advance, contingent on maintaining the $1.75-$1.76 support. A breach below this threshold would negate the immediate bullish bias. The next significant support area is between $1.21 and $1.55. On the short-term hourly chart, the initial upward movement from the November 21st low registered as a three-wave rally, not a more constructive five-wave impulse. For short-term bullish confirmation, a break above micro resistance at $2.10-$2.22 is required. For a higher-confidence long-term bullish breakout, the price must definitively surmount the $2.69-$2.84 resistance zone. Current price action remains within a broad trading range, having been in such a range for the entirety of the year. The immediate focus is on holding the micro support zone of $1.91-$1.98. A sustained break above the $2.10-$2.22 resistance would indicate a local low has formed; otherwise, downward pressure persists, with potential for a more complex WXYXZ correction taking the price towards $1.76.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   02 Dec 2025, 18:28 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 01:22 UTC

   The first evaluable outcome in this case reached a terminal result.

6. Case evaluation completed

   02 Jul 2026, 01:22 UTC

   All evaluable predictions in this case reached terminal outcomes.