$XRP • Detailed analysis of #XRP currency in the future :
-There is technical optimism that XRP is completing a corrective wave (Wave 2) and looking towards a strong wave (Wave 3) that could push the price to the range of 4–7 USD. On the other hand, some analysts focus on the end of the fifth wave as per the Elliott Wave theory, which opens up possibilities for a potential drop afterwards.
There are also moderate expectations indicating that the technical node may allow for a rise to ~3.80 USD before facing new resistances.
Selling pressures: Significant sell-offs have been observed from "whales", raising fears of a potential drop to around 1.90 USD.
On the positive side, the currency saw an increase of about 6.4% following statements from Jerome Powell suggesting a possible easing in Federal monetary policy, which boosted some market optimism .
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