$XRP short-term update
This isn’t a prediction chart, it’s an idealized wave structure showing one possible path. There are still plenty of alternatives.
A few things I’m watching:
1️⃣ $XRP has broken above short-term resistance and the descending triangle/wedge. A retest of the breakout area is possible before continuation, but it’s not guaranteed.
2️⃣ The wave structure may still have room for another push higher. A short-term Wave 4 followed by a Wave 5 is one possibility, though the correction could also begin sooner.
For now, I’m letting price action confirm the next move rather than forcing a scenario.
If this is the start of a larger impulse from the cycle low, pullbacks could offer opportunities with clearly defined invalidation levels.
Stay patient and manage risk.
$PEOPLE #FASBProposesStablecoinsAsCashEquivalents
#USJoblessClaimsFallTo206000
This isn’t a prediction chart, it’s an idealized wave structure showing one possible path. There are still plenty of alternatives.
A few things I’m watching:
1️⃣ $XRP has broken above short-term resistance and the descending triangle/wedge. A retest of the breakout area is possible before continuation, but it’s not guaranteed.
2️⃣ The wave structure may still have room for another push higher. A short-term Wave 4 followed by a Wave 5 is one possibility, though the correction could also begin sooner.
For now, I’m letting price action confirm the next move rather than forcing a scenario.
If this is the start of a larger impulse from the cycle low, pullbacks could offer opportunities with clearly defined invalidation levels.
Stay patient and manage risk.
$PEOPLE #FASBProposesStablecoinsAsCashEquivalents
#USJoblessClaimsFallTo206000