XRP Final Wave Incoming? Elliott Wave Analysts$XRP
Signal Major Breakout
According to multiple crypto analysts, XRP may be entering the fifth and final wave of its current Elliott Wave cycle—a phase typically marked by strong bullish momentum and the potential for new highs.
📈 Current Technical Outlook
XRP is currently trading around $2.42, hovering just below a crucial resistance level at $2.60. A decisive breakout above this threshold could confirm the start of Wave 5, with price targets potentially extending to $3.55–$3.70, nearing or surpassing previous all-time highs.
The price has been consolidating within a symmetrical triangle, a technical pattern often signaling a breakout. This "coiled spring" setup suggests that significant volatility may be imminent.
🔮 Price Targets & Long-Term Projections
Short-Term Target: Breakout above $2.60 could propel XRP to $3.55–$3.70.
Mid-Term Projection: If bullish momentum continues, XRP may reach $5 to $6.
Long-Term Outlook: In an extended bull market with broader adoption, XRP could aim for $12 or higher.
Conclusion: While nothing is guaranteed in crypto markets, the technical setup for XRP is promising. Keep an eye on the $2.60 resistance level—what happens next could define the trajectory for XRP in the months ahead.