🚨 XRP Update: Wave D in Progress!
📊 Current Stats:
Price: $2.2658 📉
Daily Change: -1.22%
🌟 Market Insights:
After a strong bounce off the trendline for wave C, it appears wave D is forming, aiming for $2.60 🎯.
This ABCDE pattern should unfold in 5 waves, and we’re just getting started!
🔍 Short-Term Outlook:
Currently working through wave 2 with key levels to watch:
$2.12: Typical .618 retrace target.
$2.17: Important .5 retrace and strong historical support.
Dips to the trendline remain valid within this pattern!
💡 Key Levels to Hold:
Maintaining these levels is crucial to preserving the ABCDE pattern. If successful, we could see a stronger wave 3 push toward $2.60 🚀.
📌 What to Watch For:
Price Action, Wave Count, and RSI will help confirm a local bottom.
Stay patient and optimistic as the pattern unfolds—it’s all about precision!
Wishing you a wonderful weekend! ❄️
