📊 XRP/USDT Monthly Analysis – Bullish Structure Forming? 🚀
Current Price: ₹258.59 ($2.9618)
24h Change: -5.91%
1Y Performance: +418.68% 💥
🔵 Key Levels to Watch:
Resistance: $3.45
Support: $1.86
Critical Zone: $0.2693 (Long-term support)
📉 Despite the recent -4% daily dip, XRP shows strong structure based on the Elliott Wave pattern (A-B-C) visible on the 1M chart. After completing Wave C near resistance, it’s now consolidating in a bullish zone. Volumes are still healthy with 71.83M traded recently.
🟢 Trend Overview:
30D: +35.29%
90D: +33.75%
1Y: +418.68% 🔥
Clearly in an uptrend on higher timeframes.
📈 If XRP breaks above $3.45 with volume confirmation, it could test $5+ levels in the next wave. But a drop below $1.86 may indicate consolidation or retracement.
💬 What’s your target for XRP in 2025? Will it break $5?