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

The analysis presents a bearish outlook for XRPUSD, primarily utilizing Elliott Wave theory on the 1-hour timeframe. The asset has consistently failed to breach the critical resistance level between $2.02 and $2.03. A significant decline of 10-11% on Sunday, contributing to a 23% drop from January highs, underscores the bearish momentum. The speaker indicates that the current downside movement is a five-wave impulsive pattern, which typically signals further depreciation. Additionally, the preceding upward movement from December lows was identified as a three-wave corrective structure, lacking the five-wave impulse necessary for a sustained bullish trend. This suggests that bulls have been unable to establish a dominant market presence. As long as the price remains below $2.03, the primary expectation is for further declines. The current price is around $1.92, with a projected target in the support range of $1.84 to $1.66, specifically at the 123.6% Fibonacci extension level of $1.77765. Invalidation of this bearish scenario would occur if XRPUSD definitively breaks above the $2.03 resistance.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   22 Jan 2026, 19:48 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.