Total Quality
Score
If You Had Traded on This Analysis…
Correct

XRPUSDT
Long Entry
3.0374
2025-09-12
15:00 UTC
Target
3.1100
In 5 Hours
Fail
2.9200
Risk/Reward
1 : 1
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Final PnL
2.39%
P/L: —
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The analysis of XRPUSD using Elliott Wave theory on the daily chart shows a consistent respect for support levels, maintaining focus on higher prices. The larger degree fourth wave likely bottomed in April. The analyst is looking for higher prices. The overall pattern suggests wave one, wave two, wave three, then a fourth wave and fifth wave. The analyst notes one area of structural resistance at $3.10, and resistance area anyway to $3.15 based on swing highs in August. He says to focus on higher prices, and the price should ideally hold above $2.92. After the price makes five waves, it should reach a target of $3.11.