Hello, Skyrexians!
After 4 years of consolidation, $XRP has awakened, triggering euphoria among holders. But is this rally the real deal or another short-lived pump? Letโs dive into the data and uncover XRP's potential in the months ahead.
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๐ Chart Analysis: XRPโs Monthly Timeframe
XRP's price history reveals a multi-decade super cycle:
1๏ธโฃ Wave 1: Completed in early 2013.
2๏ธโฃ Wave 2: A correction phase that set the stage for...
3๏ธโฃ Wave 3: The legendary bull run that ended with a red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio].
4๏ธโฃ Wave 4: A prolonged, sideways triangle correction lasting 4 years.
Whatโs Happening Now?
Just yesterday, XRP broke out of this triangle, signaling the end of Wave 4 and the start of Wave 5โthe final leg of this super cycle.
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๐ Whatโs Next? Target Prices for Wave 5
๐ก Price Targets:
First Target: $2.5
Second Target: $3.8 (more likely).
๐ Why $3.8?
Wave 5 typically sets a higher high than Wave 3, which aligns with historical price movements.
A green dot on the Bullish Reversal Indicator at the end of Wave C signals strong bullish momentum on the monthly timeframe.
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๐ Key Takeaways for Traders
๐ Indicators Say Buy: The breakout from the triangle and bullish monthly signals support an upward move.
๐ HODL or Trade?: Long-term holders could target $3+, while short-term traders should watch for resistance at key psychological levels.
๐ฃ Macro Impacts: Growing adoption of Rippleโs blockchain by financial institutions and governments could add fuel to this rally.
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๐ฌ Your Move!
Do you believe XRP will hit $3โor even higher? Are you holding, buying, or taking profits? Letโs discuss! Share your predictions in the comments.
๐ฅ XRPโs time has come. Donโt get left behind.
#SOLWatch #SOLWatch #bbcedefi #cedefi #Write2Earn! $BB
