XRP Weekly-Monthly Analysis / Retracement Levels for Buy

Weekly - Monthly trend: Bearish
Chart Pattern: Head & Shoulders (H&S) - Bearish Continuation Pattern

Bearish Candlesticks signals:
HANGING MAN (Bearish, Single Candlestick pattern) / Weekly Timeframe / 09 DEC 2024
BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 27 JAN 2025
TWEEZER TOP (Bearish, Double Candlestick pattern) / 1 Day timeframe / 20 FEB 2025
FALLING THREE METHODS (Bearish, five-fold Candlestick pattern) / 1 Day timeframe / 07 MAR 2025


Retracement Fib Price Levels:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)

Good prices for buy (the lower the better):

61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’

I am having buy limit at 0.78500 on the neckline of ‘’ Quadruple Bottom Pattern ‘’.