Description:
XRP is forming a Bearish Crab harmonic pattern, with price currently consolidating inside a triangle structure. A breakout above the $3.0 level would confirm the move toward the completion of point D.
Key Points:
Harmonic structure: Bearish Crab (XABCD).
Breakout confirmation: > $3.0
Final target zone: $4.5 – $4.6 (potential completion of pattern).
Invalidation: Breakdown below point C (~$2.85).
If price reaches the D zone, it would align with a strong resistance cluster — a possible reversal zone. Until then, breakout confirmation is essential.
📌 This is an educational idea, not financial advice.
XRP is forming a Bearish Crab harmonic pattern, with price currently consolidating inside a triangle structure. A breakout above the $3.0 level would confirm the move toward the completion of point D.
Key Points:
Harmonic structure: Bearish Crab (XABCD).
Breakout confirmation: > $3.0
Final target zone: $4.5 – $4.6 (potential completion of pattern).
Invalidation: Breakdown below point C (~$2.85).
If price reaches the D zone, it would align with a strong resistance cluster — a possible reversal zone. Until then, breakout confirmation is essential.
📌 This is an educational idea, not financial advice.
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