XRP Enters Fifth Elliott Wave — Bulls Hold Strong Above Key Support

Analysts suggest $XRP is entering the fifth and final wave of its Elliott Wave cycle, a stage often marked by strong price moves.

• Wave 3: $0.50 → $3.39 (+575%)

• Wave 4: Pullback to $1.60

• Wave 5: Surge to $3.66 before cooling to $3.21

Technical Outlook:

• Price above 50-day EMA ($2.95) and 200-day EMA ($2.40)

• RSI at 64, showing bullish momentum

• Key support: $2.87, $3.00

• Resistance: $3.66, $4.50, $5.00

Conclusion:
XRP’s structure remains bullish, with strong support levels holding as it continues its upward momentum in the fifth wave.

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