Total Quality
Score
If You Had Traded on This Analysis…
Pending
XRPUSDT
Entry 3.1454 2025-08-12 06:00 UTC
Target 4.1600
Fail 2.7500
Risk / Reward 1 : 3
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XRPUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on XRPUSD, tracking a fifth wave to the upside. The analyst considers the possibility of the wave unfolding as either an impulse or a diagonal pattern. An impulse was initially considered, but the micro support area is deemed weak. The structure has been adjusted to reflect the lack of impulsiveness. There is no overlap between the swing low and the previous swing high from August 5th. The analyst suggest that the wave is morphing into a diagonal pattern and a fifth wave can be always an ending diagonal wave with wave 1 and 2, A, B, and C waves, this analysis seems possible according to the presenter.
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