XRP Crypto1
In all of this time since early 2025 peak XRP hasn't really gone anywhere and although the range has been very broad it has effectively been drifting sideways.
Sideways drifts tend to be re-accumulative.
Notice that XRP day RSI is oversold for the second time in this area.
It did also stab down to record oversold, but this is the first time that price has trended into oversold in all of this long correction.
Current price is drifting in the 1:0.618 Golden Window.
In the recent slump, it did slightly exceed the overshoot bands and so if it dropped to a similar level again that it may signal a move to a lower fib band.
But this is a HTF fib band and so it can get stretched and still give us a signal.
Now, if it does hold then the 1:0.618 GW is a weak ratio because the third wave is shorter than the first.
And so this might be a signal that there is significant bullish momentum building for a next wave up.
When XRP gets impulsive it really flies 🤨.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
In all of this time since early 2025 peak XRP hasn't really gone anywhere and although the range has been very broad it has effectively been drifting sideways.
Sideways drifts tend to be re-accumulative.
Notice that XRP day RSI is oversold for the second time in this area.
It did also stab down to record oversold, but this is the first time that price has trended into oversold in all of this long correction.
Current price is drifting in the 1:0.618 Golden Window.
In the recent slump, it did slightly exceed the overshoot bands and so if it dropped to a similar level again that it may signal a move to a lower fib band.
But this is a HTF fib band and so it can get stretched and still give us a signal.
Now, if it does hold then the 1:0.618 GW is a weak ratio because the third wave is shorter than the first.
And so this might be a signal that there is significant bullish momentum building for a next wave up.
When XRP gets impulsive it really flies 🤨.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
Your FA guru can't read a chart💭
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
