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Technical analysis by Juliia about Symbol XRP: Buy recommendation (12/7/2025)

https://finbeet.com/message/3967066
Juliia
Juliia
Rank: 129
3.2

XRP/USDT Long — Trading Idea

Message Type:Buy
Price at Publish Time:
$2.03
Buy،Technical،Juliia

— A falling wedge pattern is forming (a reversal technical formation), supported by bullish convergence on the 4D/3D timeframes. Price is sitting under resistance but right at the lower boundary of the range formed after the previous rally, which makes a consolidation before continuation of the broader trend quite possible. — Entry: $2.03 (market buy) — Stop: $1.91 — 5.5% is the price distance from entry to stop, NOT the percentage loss — Target: $2.55 Risk per trade: 0.8% of the total account — this is the actual percentage loss Position size: 15% of the total account, 10x leverage RR: 1:4.5

Source Message: TradingView