XRP Market Analysis – Bullish Correction Setup
XRP is correcting after a 5-wave move topped at $2.66 (May 12). The current pullback is likely a wave 2 ABC correction, setting up for the next bullish leg.
Key Levels:
Buy Zone: $2.15 – $2.32
Resistance / Targets: $2.48 and $2.66
Stop-Loss: Below $2.08
Critical Support: $1.79 – must hold to maintain bullish structure
Outlook:
As long as XRP holds above $2.08, the structure remains bullish. A breakout above $2.48 could confirm the next impulse wave.
#Xrp #RippleNews #CryptoUpdate #MarketAnalysis #cryptotrading