XRP / TetherUS
Long
Updated

[XRP] 2025.04.18

474
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XRP has been showing a steady upward trend after establishing support near the 2.04 level.

The current chart structure is interpreted as part of a B-wave correction phase, which may serve as a foundation for a potential medium-term bullish reversal.
A detailed wave count has been marked in the idea for further reference.

Projected target levels are as follows:

First target: 2.1665

Second target: 2.2478

Third target: 2.2751

In the short term, a double bottom formation has been identified, and a sustained rebound is likely to unfold from this support structure.
This setup provides a strong basis for defining key levels within the medium-term bullish scenario, and offers valuable signals for anticipating the next wave progression.
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