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 Online03 Dec 2025, 20:04 UTC
AI-generated source summary
The analyst reviews the XRPUSD chart, noting a recent bounce from micro-support to micro-resistance. Over the past few weeks, there has been a three-wave move up and a three-wave move down, keeping the possibility of a larger three-wave move open. The first resistance area lies between $2.10 and $2.22. A break above initial micro-resistance could extend the 'X' wave, potentially shifting it higher from its completion point on November 24. Breaching $2.69 and $2.84 would be significant. The analyst is still watching for higher prices, treating the pattern as a 1-2 setup, questioning if wave 2 has bottomed. Further analysis indicates XRP is currently ranging and the primary resistance area sits between $2.69 and $2.84. The analyst mentions the possibility of a WXYXZ structure, and if the $2.22 level holds, there's an increased chance that the 'X' wave extends further. Should the price break below $1.91, the next downside targets are $1.76 to $1.77. Key resistance to watch is between $2.69 and $2.84.
AI-generated summary based on the source content.
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