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XRP remains weak, as 5-wave structure targets cycle bottom
Market data confirms XRP remains weak, with a current 5-wave structure potentially leading to the cycle bottom. XRP has ...
The Crypto Basic on MSN
Current XRP correction part of wave 2 pattern identified in 2024, with wave 3 eyeing $24
The ongoing XRP correction is part of a Wave 2 pattern identified two years back, with Wave 3 eyeing a double-digit target.
Algorand's Elliott Wave chart shows Wave A may have topped. A B-wave pullback to $0.088-$0.106 could set up the next C-wave push higher.
XRP trades near $1.30 in a Wave 2 pullback, with $1.28 support and $1.38 resistance as traders watch the next move.
So we still think that a higher degree wave four correction is underway from the January highs, and there is a good chance that price will continue moving toward the lower side of this range. Looking ...
XRP once again defended the critical $2.17 support zone despite an 18% monthly drawdown, bouncing into tight consolidation as analysts identify a potential Elliott Wave reversal setup that may mark ...
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