✦ ✧ Advanced Technical Reading of XRP Movement ✧ ✦
Recent technical analyses indicate that the XRP currency is undergoing a sensitive phase known in trading markets as the cleansing zone ⬇️, which is a stage that often precedes strong price shifts.
📉 This area represents a deep correction resulting from high selling pressure, where there is a prevailing sense of anxiety and fear among traders.
According to wave analysis models, this decline aligns with what is known as wave C, which typically marks the peak of market panic.
🔄 Conversely, this assessment views the cleansing phase as a potential healthy reset for the price, paving the way for a new launch in the long term.
📈 Potential future targets after the completion of this phase could extend to a range between 20 and 30 if the recovery scenario is confirmed.
⚠️ However, some technical readings still lean towards caution, as negative price patterns may push the currency to test lower levels before any strong ascent.
✦ Conclusion ✦
Between temporary selling pressure and the possibility of a significant reversal, the movement of XRP remains in a pivotal phase that could decisively determine its next direction.
