🚨 XRP Made the Move. Now It Needs to Break Resistance! 🚨
It was incredible to see $XRP rally all the way back up to test the macro .618 resistance last week, but it was met with heavy resistance and instant rejection...
So now XRP needs to prove it can actually sustain this.
The Levels That Confirm a Macro XRP Reversal! I'm watching
$XRP
closely here, and for now, my purple bearish scenario continues to play out. This 'Wave 2 correction' has now reached an .854 retrace, perfectly at $1.16. That's a deep retracement, but it's still
It's a fact that as more
$XRP
holders adopt $10+ as their target, more orders, exits, and expectations begin to cluster around those higher levels... ...markets have a habit of paying attention to where liquidity gathers.
Reminder:
$XRP
spent SEVEN YEARS consolidating before finally breaking into a new macro trend. What we've been watching over the past year isn't the trend failing, it's the market backtesting one of the biggest breakouts in XRP's history! DO YOU UNDERSTAND WHAT THIS MEANS!?
Reminder:
$XRP
spent SEVEN YEARS consolidating before finally breaking into a new macro trend. What we've been watching over the past year isn't the trend failing, it's the market backtesting one of the biggest breakouts in XRP's history! DO YOU UNDERSTAND WHAT THIS MEANS!?
Finishing the Correction XRP Spent a Year Building! I'm zoomed into the lower timeframes, and what I see is a potential final 5-wave impulse down into the macro $0.87 support zone. If this structure below plays out, the path is something like this:
The Levels I've Been Talking About for Months!
$XRP
has come right back down to test the major .786 retracement at $1.09 (Coinbase). As I've said repeatedly, this is a major macro level. Markets don't just touch levels like this once and immediately move on.
Crypto Finds Resistance Across the Board! Over the last week, we finally saw some momentum come through on
$XRP
. But I warned that upside would be limited until the lower support below $1 is reached.
I Still Think XRP Needs One Final Low!
$XRP
is finally getting some momentum off the $1 area, but in my opinion, it still isn't enough to invalidate the $0.87 support. The macro timeframes have printed the bullish divergence you'd expect near a major market
TLDR:
$BTC
making its way down to the major $50k support with potential pause at $55,500
$XRP
STILL targeting $0.87 with pauses at $1.00 and $0.93 to cool off the RSI Altcoins that have made new ATLs are set for a major new trend ANY DAY!
The Move We've Been Waiting For Is Here! The market is dropping hard, exactly the type of move we've been preparing for, and
$XRP
is approaching the major support levels we've been tracking! Key levels below: $1.00 $0.93 where my buy is $0.87 (primary
🚨XRP Pauses After the Chaos. Wave 5 or the Start of A New Trend? 🚨
After last Friday’s massive wipeout, the market rebounded nicely, but is now stalling... This is to be expected after such an extreme move. In EWT, this kind of pause is a Wave 4. The market consolidates and prepares for the final wave of the impulse.
Remember, markets rarely pivot directly from massive Wave 3 moves. Typically, we see an exhausted final move down (Wave 5) to complete the impulse before the new trend begins. 📈
🚨Unfortunately, we’re not yet seeing the strength that would invalidate that final wave down. Price is stalling right around the Wave 4 resistance levels. If this were a deep V-shaped recovery, we should’ve already seen a strong breakout above key resistance ($2.82). That breakout hasn’t come. So at this point, I’m leaning toward the market needing one more wave down for full exhaustion and a change of sentiment.
Across exchanges, data remains a complete mess! Each chart shows a different low from the crash, which makes analysis incredibly difficult right now. Some pairs printed lows under $1, while others held much higher. It’s crucial to chart the exchange you’re actually trading on to get the most accurate levels. There’s no “universal” XRP chart!
On Binance USD, price wicked as low as $0.77, a 72% drop from the local highs, breaking below the .786 Fib. I don’t believe we’ll revisit that extreme, but a test of the .618 retracement around $1.46 or even the golden pocket near $1.35 are very possible for the next wave down. That level is where multiple technicals align. The Wave 5 extension, macro golden retraces, and Wave 2 target... If price targets that, it could set the stage for a massive reversal! Potentially the start of the long-awaited Wave that could target $6.50 to $10.00. 🚀
✍️That’s the silver lining in all this chaos. While the crash was absolutely devastating, it may have actually shifted the count from a shallow Wave 4 to a deeper macro Wave 2, which sets up for the most powerful impulse in the cycle!
#CryptoMarket #Crypto #XRPCommunity
🚨XRP MACRO Update. Likely Completing Wave 2 Before the Next Major Run! 🚨
Zooming out on the #Coinbase XRP Daily chart gives you a look at how close we are to finishing the retracement before a large wave up! 🚀
The discrepancy between exchanges is very interesting here... On Coinbase, the low printed at $1.77. It has NOT reached its .618 retracement target. Subwave extensions for a final wave down target $1.64, which would align with a textbook Wave 2 completion. Coinbase is expected to make a new low.
#Binance already wicked much lower during the "crash", so for over there, another wave down wouldn’t make a new low. It would likely revisit its own .618 retracement level near $1.44.
👉 Each exchange is misaligned right now, but they could re-align as the next waves completes. Coinbase reaching its .618 at $1.62 while Binance retests its own .618 without making a new low would align both markets, both completing their Wave 2s at the same time! 😍📈
#XRPCommunity #CryptoMarket