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#XRP - 2-Week Time Frame: Has the Bottom Already Been Printed?
One observation caught my attention...
👉For the first time, the 50 EMA, 100 EMA, and 144 WMA are compressing together during a major consolidation.
👉Historically, this type of compression has occurred after the macro bottom was already in, just before a major expansion.
👉Could history be rhyming again?
📒 My Primary Scenario:
🟢 The macro bottom may already be behind us.
Now we need:
✅ A bounce toward the 50 EMA (~$1.60)
✅ A healthy rejection
✅ A retest of the 0.618–0.50 Fibonacci zone
✅That retest would become the ultimate make-or-break accumulation zone before the next impulsive move higher.
In my view, this would complete a Double Bottom (Lower Low) and set the foundation for the next macro rally.
Upside Targets:
✅If $XRP repeats the previous cycle's expansion:
$5.00–$6.50 → Conservative measured move
✅Using Fibonacci extensions:
🟡 1.272 Fib: ~$9
🟠1.414 Fib: ~$15
🟢 1.618 Fib: ~$31
Nothing is guaranteed. But the compression of these long-term moving averages is telling us one thing:
▫️A large move is approaching.
▫️The only question is...
▫️Are we witnessing the final accumulation before expansion?
Structure > Noise > Opinion. ONLY FEW 🧠