
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
30.36
Analysis
527
Correct
160
Fail
166
Pending
201
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct

XRPUSDT
Short Entry
2.9499
2025-08-02
11:40 UTC
Target
2.7500
In 6 Hours
Fail
3.1800
Risk/Reward
1 : 1
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Final PnL
6.78%
P/L: —
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The analysis indicates XRP's market has moved minimally over the past week. The focus remains on lower prices, targeting $2.81 and potentially $2.75. A double bottom structure is discounted as a reliable reversal signal, with potential targets at $2.81 or $2.75. From July 18 high a three-wave move down followed by a weak B wave makes the analyst expect lower prices. $2.90 acts as crucial level if broken XRP is expected to reach $2.81 to $2.75 levels. The downtrend needs to be broken to see XRP reacting bullishly. Break above $3.17 is needed to confirm a low has formed.