RIPPLE - Catching up to the Bitcoin - BUY again >2.97 and >3.05.

Ripple registered a low on March 13, 2020 at 0.11. It then surged to the high of April 14, 2021 at 1.9730. From this high, Ripple corrected to the low at 0.287 on June 18, 2022. It then traded around the 0.50 level until it started a big takeoff from the low of October 26, 2024 at 0.486. From this low, Ripple surged to the high of 3.39 on January 16, 2025. This was a rise of 598%. Interestingly enough, the rise from June 2022 (or from November 2024) was 1.618 times as long as the rise from 2020 to 2021. Depending on the starting point, the Fibonacci correlation pointed to a major resistance range between 3.312 sand 3.41. This is exactly the range where Ripple peaked in January, at 3.39. Based on the long-term chart, I can come up with the next BUY signals, i.e. if the resistances are broken at 2.97 and 3.05.
Take a look at the next lower chart where I am analyzing the consolidation from the July high.

The chart below shows the surge from June 22, 2025 at 1.91 to the high of July 14 at 3.03. The decline from this top has retraced 61.80% of the rise from July 12 to July 14 at 2.80. Based on the wave correlations, I see new BUY signals if the resistances at 2950-1970 and 3.05 are broken. The bullish outlook would be negated and more price strength would be postponed, it Ripple breaks below the supports at 2.7950, 2.7050 and 2.55. A break of these supports should be used to reduce or sell.