*XRP Forming AB=CD Pattern โ 5+ Target in Sight ๐๐*
*Current Price:*3.4756 ๐ฐ
A textbook *AB=CD harmonic pattern* is unfolding on the XRP chart, suggesting the price could push beyond 5 in the near term if the pattern completes with momentum.
โ
๐ฏ Trade Setup:
- *TP1:*3.90 โ
- *TP2:* 4.40 ๐
- *TP3:*5.20 ๐ฏ
- *SL:* 3.20 ๐
โ
| Level | Price (USD) | Notes |
|โโโ|โโโโ-|โโโโโโโโโโโโโ|
| *SL* |3.20 | Below recent structure support zone |
| *TP1* | 3.90 | Local resistance from minor fib |
| *TP2* |4.40 | AB=CD projected point |
| *TP3* | $5.20 | Overshoot zone, breakout target |
---
*Analysis ๐:*
The AB=CD pattern is often a precursor to sharp moves, and in XRPโs case, itโs supported by rising volume and bullish momentum. With whales still accumulating and market sentiment strong, XRP could retest its all-time highs and beyond if momentum sustains.
Caution on volatility, but the setup looks structurally sound ๐๐ฅ