🔥 $XRP Market Update – Critical Zone! 🔥
XRP is testing a pivotal area. The September low ($2.74–$2.75) is crucial. As long as it holds, bulls can aim for $4.30–$5.00.
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🧭 Elliott Wave Snapshot
• Yellow scenario: larger fifth wave underway
• Could form as:
– Standard 5-wave impulse
– Ending diagonal with 3-wave substructures
• Invalidation: Break below $2.74
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⚡ Confirmation Triggers
• Reclaim $3.39 → first strength
• Sustained move above $3.40–$3.42 → path open to $4.30–$5.00
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🛡️ Support Zones
• Upper: $2.97–$3.08 → bulls can push for local high
• Lower: $2.79–$2.87 → break signals fading momentum
• Hard invalidation: $2.74
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📉 Current Pullback
• Micro 5-wave down
• Valid wave 4 retracement, slightly deep
• Bulls must defend $2.97–$2.95 to keep upside alive
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🔮 Scenarios
• Bullish: Defend $2.97–$3.08 → reclaim $3.39 → higher momentum
• Neutral: Break below $2.95 → watch $2.79–$2.87
• Bearish: Break $2.74 → broader correction
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💹 Trade Setups
1️⃣ Scalp Long: $2.97–$2.95 | Stop $2.90 | TP1 $3.39 | TP2 $3.55–$3.60
2️⃣ Swing Long: $2.87–$2.79 | Stop $2.74 | TP1 $3.40 | TP2 $4.30 | TP3 $5.00
3️⃣ Contingency Short: $2.74–$2.70 | Stop $2.82 | Targets $2.50 → $2.20
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📌 Key Levels
$2.97–$2.95 → first bounce
$2.79–$2.87 → last support before invalidation
$2.74 → hard invalidation
$3.39 → first breakout trigger
$3.40–$3.42 → confirmation toward $4.30–$5.00
#xrp #XRPPredictions #XRPArmy #XRPPredictions #cryptotrading