$XRP XRP hits micro-resistance, sparking reassessment across time frames. Elliott Wave analysis suggests XRP is nearing completion of Circle Three, with corrective Circle Four expected. Key Fibonacci levels include $2.66, $3.25-$3.30, and $4.20. Price consolidation is needed for upward momentum.
Near-term projections:
- Sideways movement or gradual downward drift expected
- Potential triangle formation or C-wave movement
- Breakout needed for significant upward momentum
Critical levels:
- $2.66 (briefly surpassed, significant resistance)
- $3.25-$3.30 (historical significance, correlation to all-time highs)
- 1.00 Extension Level ($2, potential C-wave target)
XRP remains in correction phase, awaiting clear breakout.#TrumpCongressSpeech #BBWDocuSeries #MtGoxTransfers #MexicoEndsTariff #TrumpCongressSpeech