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#XRP - Linear Regression Analysis (Log Scale) 🔍 and The Bent Fork (Zoomed-In Version):
Take a close look at the chart below! As I zoom in, remember to keep track of the MACRO view to fully understand the significance of this analysis. 🧐
Zoomed-In Insights:
1️⃣ Closing above $3.65 and the Green Arch will propel us into Valhalla price discovery. That’s the end of the story! 🚀
2️⃣ Right now, $2.90 is the mid-point of the Linear Log Channel. We must NOT close below it! As long as we stay above, we’re in a strong #Bullish setup for #XRP! 💪
3️⃣ The strong line of defense is at $2.65. We can have a wick here but not a daily close below it, otherwise, we’re in trouble! ⚠️
4️⃣ The last line of defense is $2.33, which is the 21 EMA on the 2-week time frame. This level must hold if we want to reach a new all-time high! 🌟
5️⃣ $1.90 marks the bear market line of defense. If we cross below this, we’re entering bear territory. Additionally, $1.62 is the confirmation point for a bearish trend if we close below the middle of the arch. 😬
Even amid negativity and short-term price action, zoom out again, and let’s see where we’re headed! 🚀 Look for the White Arch and the possible Blue Upper Boundary of the Linear Log Channel! 💙✨
Even in the face of negativity and short-term price fluctuations, let's zoom out once more to reveal our destination! 🚀 We’re heading toward the White Arch, which coincides beautifully with the Blue Upper Boundary of the Linear Log Channel! 💙✨
Can you see the potential ahead? 🌟
#XRPFamily STAY STEADY and STRONG 💪, Together We Rise 🌄 and Soon We Shall Fly So High 🦅



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