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Avg. Quality

71

Success Rate

32.16

Analysis

1956
Correct
629
Fail
1288
Pending
39
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
XRPUSDT
Short Entry 1.9043 2026-01-21 03:34 UTC
Target 1.6800 In 1 Weeks Fail 2.0300
Risk/Reward 1 : 2
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Final PnL
11.78%
P/L:
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XRPUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
XRPUSD is currently in a corrective sell-off phase, exhibiting three-wave upward movements and five-wave downward declines, suggesting a continued bearish short-term trend. The price is expected to dip further towards the $1.68-$1.77 range, with $1.68 being the more likely target based on Elliott Wave principles and Fibonacci extensions. A potential short-term bullish scenario, implying a wave 1-2 setup, is not clearly confirmed due to the three-wave nature of the presumed wave 1. The bearish outlook would be invalidated if the price breaks above the resistance level around $2.03.
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