📉 $XRP Technical Update
Price is already down significantly from the original bearish outlook, but the correction may not be over yet.
According to this scenario, Wave C still appears incomplete, suggesting that further downside remains possible before a larger trend reversal can develop.
🎯 Potential Downside Targets: • Linear Target: $0.55 • Logarithmic Target: $0.12
⚠️ Key Development:
The $1.07 support zone has been lost.
If buyers fail to reclaim this level and price remains trapped below it, selling pressure could accelerate as market participants look toward lower liquidity zones.
📍 Next Major Liquidity Area: $0.91
🟢 What would change the outlook?
For any meaningful bullish recovery, I'd want to see $XRP RP reclaim and hold above $1.18.
Until that happens, the broader structure remains cautious, and patience may be the better approach.
📊 Key Levels to Watch:
🔴 Resistance: $1.07 → $1.18
🟢 Liquidity Zone: $0.91
🎯 Bearish Targets: $0.55 / $0.12
The market will decide the next move, but for now, caution remains the play.
#Xrp🔥🔥 P #RİPPLE #Crypto #TechnicalAnalysis_Tickeron sis #CryptoTradingInsights g #PriceAction #Altcoins
Price is already down significantly from the original bearish outlook, but the correction may not be over yet.
According to this scenario, Wave C still appears incomplete, suggesting that further downside remains possible before a larger trend reversal can develop.
🎯 Potential Downside Targets: • Linear Target: $0.55 • Logarithmic Target: $0.12
⚠️ Key Development:
The $1.07 support zone has been lost.
If buyers fail to reclaim this level and price remains trapped below it, selling pressure could accelerate as market participants look toward lower liquidity zones.
📍 Next Major Liquidity Area: $0.91
🟢 What would change the outlook?
For any meaningful bullish recovery, I'd want to see $XRP RP reclaim and hold above $1.18.
Until that happens, the broader structure remains cautious, and patience may be the better approach.
📊 Key Levels to Watch:
🔴 Resistance: $1.07 → $1.18
🟢 Liquidity Zone: $0.91
🎯 Bearish Targets: $0.55 / $0.12
The market will decide the next move, but for now, caution remains the play.
#Xrp🔥🔥 P #RİPPLE #Crypto #TechnicalAnalysis_Tickeron sis #CryptoTradingInsights g #PriceAction #Altcoins