$BEAMX

XRP
Created with Highcharts 9.1.1
0.02993
-2.34%

It appears to be forming a triangle, with wave E of this triangle not yet complete.

If it reaches the green zone, we will look for buy/long positions.

The targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management

When we reach the first target, save some profit and then change the stop to entry

Disclaimer:

The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.