XRPXRP / TetherUSBINANCE:XRPUSDTElroubyXRP is forming a harmonic pattern on the weekly timeframe, with the market currently positioned at point C, a zone that typically represents the completion of a corrective leg and the beginning of a potential bullish impulse toward point D. The structure shows a clean sequence of swings (X → A → B → C), indicating controlled market behavior rather than chaotic volatility. --- Demand and Reversal Zone • Point C aligns with a major demand area, where buyers have historically stepped in. • Candlestick behavior around this zone shows slowing bearish momentum and early signs of accumulation. • The harmonic ratios around C suggest that the corrective phase is maturing. This combination strengthens the probability of a bullish reversal from current levels. --- Upside Targets The projected move toward point D aligns with multiple Fibonacci extension levels, including the 1.146, 1.242, 1.615, and 2.022 zones. These levels act as progressive resistance checkpoints during the climb. The final target near the upper harmonic completion area represents the full extension of the pattern and reflects the large upward projection shown on the chart. --- Bullish Scenario A sustained weekly close above recent swing highs would confirm the transition from corrective structure into a new impulsive wave. This would validate the harmonic pattern and open the path toward the higher Fibonacci targets. Key confirmations include: • Strong bullish weekly candles • Increasing volume on upward moves • Respect of the C‑point support during pullbacks