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 Online15 Jan 2026, 08:58 UTC
AI-generated source summary
The analysis focuses on XRPUSD, asserting that the asset has not achieved significant upward movement recently, aligning with expectations for a corrective phase. The primary count, represented by the yellow scenario, posits a five-wave upward impulse, which remains the long-term outlook. However, the short-term view identifies the alternative scenario as more probable. This scenario anticipates a further decline, targeting levels between the 78.60% ($1.7737) and 88.70% ($1.6843) Fibonacci retracement levels of a previous impulse, specifically projecting a move to $1.68 or lower. The preceding market movement involved a five-wave decline in Wave A, followed by a three-wave upward movement, interpreted as a B-wave. This B-wave faced rejection from a resistance area defined by Fibonacci levels, specifically ranging from 38.20% ($2.1719) to 78.60% ($2.3303). An early indication of a potential top for the B-wave was identified by a break below the $2.10-$2.11 support line. A more substantial confirmation of a market top would involve a decisive break below the swing lows from January, specifically around the $2.03 level. For a significant price top to be confirmed, the market would ideally exhibit a five-wave decline from current levels, potentially representing Wave 1 of a larger C-wave. Conversely, a sustained break above the identified resistance zone, particularly beyond $2.33, would invalidate the current bearish short-term outlook.
AI-generated summary based on the source content.
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