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 Online29 Dec 2025, 08:03 UTC
AI-generated source summary
The analysis of XRPUSD begins with a review of the daily chart, noting that the price continues to hold above prior support levels, specifically around the $1.66 to $1.76 range. Despite this, the current pullback, viewed as a Wave 2 or 4 in an Elliott Wave context, has not shown definitive signs of reversal, with the 1-2 setup from the October low being questionable due to differing price extremes across exchanges. The primary resistance for a significant upside move is identified between $2.69 and $2.85, a zone that previously acted as support and saw substantial selling volume on October 10th. A decisive break above this resistance is critical for a move towards the long-term target of $5.00+, which is projected as a potential Wave 5 completion, anticipated by 2026. Without breaking this resistance, downward pressure is expected to persist, keeping the price within a range. For short-term confirmation of a low, a clear five-wave impulsive move upward from a current support level is required. The micro-support area is currently identified between $1.81 and $1.86. A break above the initial micro-resistance at $1.88-$1.89 would be a first positive signal, followed by a more significant resistance at $1.95-$1.96. Should these levels fail, and the price breaks below the $1.66-$1.76 support, the Wave 4 could extend, shifting focus to lower support levels between $1.20 and $1.55. However, even such a deeper pullback is considered corrective rather than indicative of a complete market crash, maintaining a long-term bullish bias if the broader structure holds.
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