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 Online28 Dec 2025, 12:00 UTC
AI-generated source summary
The analyst observes XRPUSD on the 1-hour timeframe, indicating a short-term potential for a corrective bullish bounce. The analysis initiates from a swing low established on December 19th. A five-wave impulsive move upward, followed by a three-wave corrective move down, has been identified. The market is currently testing a micro support area spanning from $1.81041 to $1.86274. For confirmation of a sustained upside, the analyst emphasizes the necessity of observing a full five-wave impulsive rally, followed by a subsequent three-wave corrective retracement. This would ideally establish a new support base for further upward price action. While a broader, larger-degree upside reversal is not anticipated at this juncture, a short-term corrective bounce is considered probable. Immediate resistance levels are projected around $1.96471, with a key Fibonacci 100% extension target at $2.01400. A critical resistance point is also noted at the previous swing high of $1.89, which occurred on December 20th. Any break below the $1.81041 micro support would invalidate the near-term bullish outlook, shifting the focus to lower support levels at $1.77375 and $1.68432. The current price action, marked by three-wave movements from the micro support, does not yet provide sufficient confirmation for a robust bullish reversal. The market is approached with cautious optimism for higher prices, provided the $1.81 support level is maintained.
AI-generated summary based on the source content.
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