🚨XRP Looks Ready for Its Final Drop 🚨
XRP is reacting exactly as expected after rejecting the Wave 4 resistance near $2.68. 👀Price is now turning bearish, and RSI is making a new low, starting to confirm that Wave 5 down is underway... ⏬
On #Coinbase , the key supports to watch are $2.42, $2.03, and $1.65. Breaking below $2.42 would confirm continuation toward the lower targets at $2.03 & $1.65. Both lower levels have alignment with the Wave 5 extension. If we include the wick from the crash, the target lands right at $1.65, the macro .618 retracement.
This move should complete the final wave of the correction before a massive Wave 3 impulse up. Once the bottom forms, the next impulse should be fast and obvious, cutting through resistance on the way to new highs. 🚀🚀
📉As price approaches W5 support, I’m watching RSI for bullish divergence to confirm exhaustion. A new RSI extreme would mean further lows are expected!
October looks set to finish weak, but November could kick off the next major wave! 🎯😍
#XRPCommunity #XRPArmy #CryptoMarket
