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1 extracted signal · 1 resolved · 0 still active
More Crypto Online22 Aug 2025, 18:46 UTC
AI-generated source summary
XRP is holding a micro pivot. Crypto sector likes Powell's comments. Market sentiment is pushing the price up due to Powell’s comments. Support around 2.85 is weak. Sentiment catalyst from Jerome Powell might have a positive effect, but the situation hasn’t really changed.The $3.40 mark is important. Until the price breaks $3.40, the price remains stuck. Green and red line can define range from around 2.65 to 3.40. The thesis is that the fourth wave bottomed around August 2. The balance is 3 wave structure. Price needs a five-wave move up, but until then caution advised. This is a 3-wave move and that might extend correction, in other words, into a triangle pattern. Second of August low would invalidate a triangle if the price reaches that.The analyst needs to hold $2.71 to invalidate a move. On the weekly chart, if the price consolidate above $3.40 would send the price to $5.67.
AI-generated summary based on the source content.
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Signals in this source
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