$XRP – Elliott Wave 5th Wave Loading?

The setup looks primed for a bullish continuation!

We’re mid-cycle in a classic Elliott Wave structure:

(1) Impulsive launch

(2) Healthy retrace

(3) Aggressive rally with volume surge

(4) Controlled correction & consolidation

🔜 (5) Potential move towards 1.618 extension @ $3.67

Price currently sitting around $3.01 – near Wave (4) low.

📍 Bullish Confirmation Levels

✅ Holding above $2.85–2.90 (Wave 4 support)

✅ Higher low on RSI and bullish divergence

✅ Fib target for Wave 5 = $3.67 based on Wave 1 → 3 projection

🎯 Targets

Short-term: $3.40

Main target (Wave 5): $3.67

🚨 STOPLOSS : Below $2.80 for risk-managed setups

If momentum picks up, Wave 5 breakout could turn explosive — Watch volume and 4H candle structure closely!