$XRP IS FORMING A POTENTIAL HARMONIC PATTERN — WATCH THIS SUPPORT!
XRP is approaching the completion zone of a potential harmonic pattern on the daily chart. Price is now testing the $1.23–$1.28 support area, where the previous swing low formed. If this zone holds and buyers step in with bullish confirmation, we could see a recovery toward $1.41, $1.54, and potentially $1.70. However, the pattern alone doesn’t confirm a reversal. Support needs to hold first. 👀
If XRP loses this support zone, the bullish setup could become invalid, with $1.1550 being an important level to watch below. For now, I’m watching how price reacts around this area before making any bullish assumptions.
XRP is approaching the completion zone of a potential harmonic pattern on the daily chart. Price is now testing the $1.23–$1.28 support area, where the previous swing low formed. If this zone holds and buyers step in with bullish confirmation, we could see a recovery toward $1.41, $1.54, and potentially $1.70. However, the pattern alone doesn’t confirm a reversal. Support needs to hold first. 👀
If XRP loses this support zone, the bullish setup could become invalid, with $1.1550 being an important level to watch below. For now, I’m watching how price reacts around this area before making any bullish assumptions.