Here is the full analysis for 
XRP as requested 🫡
Let’s start with the weekly timeframe:
With the recent breakout above the $3.40 high, we’ve activated a new, larger bullish sequence on the weekly chart. This sequence has its target region between $6.57 and $7.84, which I believe we will reach at minimum during this bull run.
From now on, every pullback into the B-C correction area (turquoise) can be considered a legitimate re-entry opportunity.
Daily chart:
We successfully broke the all-time high with another breakout sequence (orange), which has already completed its target region.
Now, we’re trading the overall correction level — this is the same area as the B-C correction area from the weekly timeframe. It’s the Fibonacci retracement drawn from the start of the move to point C.
Local Price Action:
After reaching the target zone (orange), we activated a new bearish sequence in the upper region, which has just completed its target zone.
Now we expect a move back into the overall correction level (blue), and after that, according to the rulebook, the next legitimate U-turn could follow.
It gets really interesting if we enter the overall correction level and then start forming a bearish structure on the lower timeframes — this is where we can apply a multi-timeframe approach, which significantly increases the probability of a successful trade.
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Thats the my full Analysis forXRP, hope it was helpful if you want me to do another analysis for any other pair just comment down below.
Also, if anyone is interested in how my trading system works, let me know and I’ll post some educational content about it.
Thanks for reading❤️
XRP as requested 🫡Let’s start with the weekly timeframe:
With the recent breakout above the $3.40 high, we’ve activated a new, larger bullish sequence on the weekly chart. This sequence has its target region between $6.57 and $7.84, which I believe we will reach at minimum during this bull run.
From now on, every pullback into the B-C correction area (turquoise) can be considered a legitimate re-entry opportunity.
Daily chart:
We successfully broke the all-time high with another breakout sequence (orange), which has already completed its target region.
Now, we’re trading the overall correction level — this is the same area as the B-C correction area from the weekly timeframe. It’s the Fibonacci retracement drawn from the start of the move to point C.
Local Price Action:
After reaching the target zone (orange), we activated a new bearish sequence in the upper region, which has just completed its target zone.
Now we expect a move back into the overall correction level (blue), and after that, according to the rulebook, the next legitimate U-turn could follow.
It gets really interesting if we enter the overall correction level and then start forming a bearish structure on the lower timeframes — this is where we can apply a multi-timeframe approach, which significantly increases the probability of a successful trade.
-----
Thats the my full Analysis for
XRP, hope it was helpful if you want me to do another analysis for any other pair just comment down below.Also, if anyone is interested in how my trading system works, let me know and I’ll post some educational content about it.
Thanks for reading❤️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.