โ๐จ $XRP
Squeezing at Apex: Is Wave 2 Retest or $1.70 Breakout Next? ๐๐
โRipple ($XRP ) is running out of room, consolidating tightly below the major $1.65 macro .618 resistance zone on the 4H chart!
โ๐ Elliott Wave Breakdown:
๐น Current Resistance: $1.65 โ $1.70 (.618 Fib & W1 Completion)
๐น Wave 2 Support Zone: $1.27 (.618) & $1.10 (.854 Fib)
๐น Macro Invalidation: Any drop below ~$0.90
๐น Macro Bullish Targets: $10 โ $13 โ $16+
โ๐ก Game Plan:
Price could either test $1.70 one last time to complete W1 or reject directly into a fast W2 pull-back. Holding $1.27 or $1.10 will create the perfect buying opportunity for the next major impulse wave!
โโ Which path will $XRP take first?
โ๐ Vote in the comments:
๐ข A) Breakout above $1.70 right now! ๐
๐ด B) Retest Wave 2 ($1.27 - $1.10) first ๐
Squeezing at Apex: Is Wave 2 Retest or $1.70 Breakout Next? ๐๐
โRipple ($XRP ) is running out of room, consolidating tightly below the major $1.65 macro .618 resistance zone on the 4H chart!
โ๐ Elliott Wave Breakdown:
๐น Current Resistance: $1.65 โ $1.70 (.618 Fib & W1 Completion)
๐น Wave 2 Support Zone: $1.27 (.618) & $1.10 (.854 Fib)
๐น Macro Invalidation: Any drop below ~$0.90
๐น Macro Bullish Targets: $10 โ $13 โ $16+
โ๐ก Game Plan:
Price could either test $1.70 one last time to complete W1 or reject directly into a fast W2 pull-back. Holding $1.27 or $1.10 will create the perfect buying opportunity for the next major impulse wave!
โโ Which path will $XRP take first?
โ๐ Vote in the comments:
๐ข A) Breakout above $1.70 right now! ๐
๐ด B) Retest Wave 2 ($1.27 - $1.10) first ๐
