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XRP FINAL WAVE START Yes, according to several crypto anal

CryptoPotato

Updated at: 4 hours ago

{"content":"XRP FINAL WAVE START Yes, according to several crypto analysts, XRP appears to be entering its fifth and final wave of the current Elliott Wave cycle—a phase often associated with strong upward momentum. 📈 Current Technical Outlook XRP is trading around $2.42, approaching key resistance levels. Analysts suggest that a decisive break above $2.60 could confirm the start of Wave 5, potentially targeting new all-time highs between $3.55 and $3.70. The price action has been consolidating within a symmetrical triangle, indicating a coiled spring effect. A breakout from this pattern could lead to significant price movements. 🔮 Price Targets & Long-Term Projections Short-Term Targets: If XRP breaks above $2.60, it may aim for $3.55–$3.70. Mid-Term Projections: Some analysts foresee XRP reaching $5 to $6, contingent on sustained momentum and favorable market conditions. Long-Term Outlook: In bullish scenarios, projections extend to $12 or even higher, depending on broader market trends and adoption rates. ⚠️ Key Considerations Resistance Levels: A break above $2.60 is crucial to confirm the bullish trend. Support Levels: If XRP fails to maintain upward momentum, it may find support around $2.27. Market Sentiment: Upcoming regulatory decisions, such as the potential approval of an XRP ETF, could significantly influence price movements. While technical indicators suggest the initiation of Wave 5, it's essential to monitor market developments closely. Breakouts from consolidation patterns and key resistance levels will provide clearer signals on XRP's trajectory. #XRPBoom ","images":[],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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