😱✅𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐏𝐫𝐞𝐝𝐢𝐜𝐭 𝐗𝐑𝐏 𝐏𝐫𝐢𝐜𝐞 𝐭𝐨 𝐇𝐢𝐭 $𝟔 𝐚𝐬 𝐖𝐚𝐯𝐞 𝟐 𝐂𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐍𝐞𝐚𝐫𝐬 𝐄𝐧𝐝❓

Analysts are turning optimistic on XRP as it approaches the end of its Wave 2 correction, according to Elliott Wave theory. This sets the stage for a potential bullish Wave 3, historically the most powerful in the sequence. Key support levels at $1.90 and $1.55—especially the latter aligning with the 0.618 Fibonacci retracement—suggest the correction phase may be losing momentum.

Technical analysts highlight $2.24 as a crucial resistance level. A break above it, coupled with strong volume, could confirm the bullish reversal. Additionally, a well-defined inverse head and shoulders pattern supports this outlook, with XRP already moving past the neckline around $2.

Price targets being discussed include $6.50, with more aggressive projections reaching up to $12 under favorable conditions. Positive sentiment in the broader crypto market and potential developments in the Ripple-SEC lawsuit further bolster the bullish case.

While the outlook is encouraging, investors are urged to remain cautious and conduct thorough research due to the inherent volatility in crypto markets.

#XRPUpdate #CryptoTechnicalAnalysis #BinanceAlphaAlert #BinanceLeadsQ1