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📈 Ripple (XRP) Long Position Strategy
Currently, XRP appears to have completed a 5-wave structure with an ending diagonal pattern in the final wave. Notably, Wave 3 respected the 1.272 extension of Wave 1 with precision, adding confidence to the Elliott Wave count. This setup typically suggests a trend exhaustion, followed by a potential move higher after a corrective phase.
✅ Entry Strategy
Enter long after confirmation of support in the current correction zone.
Stop-loss should be placed tightly below the invalidation level of the structure.
🎯 Target Levels
1st Target: $2.42 — Breakout above the diagonal resistance
2nd Target: $2.47 — Retest of previous high resistance
3rd Target: $2.51 — Potential completion of the extended move
🔍 Technical Notes
MACD is attempting a bullish crossover after forming higher lows
RSI is recovering after exiting the overbought zone
Volume is tightening, suggesting a strong move may follow on breakout
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
📈 Ripple (XRP) Long Position Strategy
Currently, XRP appears to have completed a 5-wave structure with an ending diagonal pattern in the final wave. Notably, Wave 3 respected the 1.272 extension of Wave 1 with precision, adding confidence to the Elliott Wave count. This setup typically suggests a trend exhaustion, followed by a potential move higher after a corrective phase.
✅ Entry Strategy
Enter long after confirmation of support in the current correction zone.
Stop-loss should be placed tightly below the invalidation level of the structure.
🎯 Target Levels
1st Target: $2.42 — Breakout above the diagonal resistance
2nd Target: $2.47 — Retest of previous high resistance
3rd Target: $2.51 — Potential completion of the extended move
🔍 Technical Notes
MACD is attempting a bullish crossover after forming higher lows
RSI is recovering after exiting the overbought zone
Volume is tightening, suggesting a strong move may follow on breakout
Note
FIRST TP HIT!!!!!
Note
SECOND TP HIT!!
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트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌐서버린 공식 pc웹
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.