$XRP START TRADING ON "XRP" NOW

Technical Analysis

🔹 Short-Term Indicators

A bearish “head-and-shoulders” formed recently, with potential downside to ~$2.00 if confirmed .

On‑chain sentiment signals moderate bullish strength, though RSI suggests possible short-term pullback .

TradingView technicals rate XRP as a short-term “sell”, citing bearish moving averages and neutral oscillators .

🔹 Mid-Term to Long-Term (+ Weeks to Months)

Elliott Wave analysis from Binance Square indicates XRP may have exited a Wave II correction, entering Wave III—potentially targeting $16–32 in a bullish scenario .

Another model suggests a bull-flag breakout pattern targeting $15, with open interest growth as a catalyst .

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🛠️ Profit Strategy & Entry Points

Swing Trade Setup (Binance Square suggestion) :

Buy Zone: $2.05–2.10

Stop-Loss: ~$1.95

Target 1: $2.30 (~10%)

Target 2: $2.45–2.50 (~15–20%)

Contingent Plan:

Conservative traders may wait for BTC correlation and major pattern breakout above ~$2.38–2.40.

Mid‑term breakout above resistance could open targets ~$2.50 → $3.50+ .