Total Quality
Score
If You Had Traded on This Analysis…
Correct
XRPUSDT
Long Entry
2.0836
2026-01-04
19:58 UTC
Target
2.2059
In 21 Hours
Fail
1.9556
Risk/Reward
1 : 1
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Final PnL
5.87%
P/L: —
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The analysis focuses on XRP's price action, identifying potential Elliott Wave patterns. The current move is viewed as an extended third wave, with targets identified using Fibonacci extensions. The key support level to watch is at $1.9556. A break below this level would invalidate the bullish outlook and suggest a potential reversal or deeper correction. The presenter emphasizes that while specific targets have been met, further upside extension is possible before a corrective wave 4 begins.