XRP / TetherUS
Long
Updated

XRP Trading Update – March 5, 2025

1 374
The final leg of the ABC correction appears to have completed with a clear five-wave decline into liquidity. Price has now breached Wave 4, confirming a Break of Structure (BOS) and signaling a shift in the state of delivery.

With BOS established, we now focus on the impulse leg upward, which not only breaks structure but also aligns with a 2 standard deviation expansion—our projected target zone.

Trade Parameters:
Entry: 2.41 USDT
Stop Loss: 2.14 USDT (-11.34%)
Target: 4.00 USDT (+68.52%)
Risk-to-Reward Ratio: 5.79R

Market Outlook:
The Breaker Block retest would have been the ideal zone to re enter for continuation.
A strong reaction from this level confirms strength for further upside.
Failure to hold the breaker structure will invalidate the bullish scenario.
This is a high R:R setup—execute with precision, manage risk, and let price do the work.

Let’s ride the wave to 4.00 USDT! 🚀

LordMEDZ
Trade active

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