#XRPETF XRP is currently trading around $0.52 and faces a mixed technical scenario. According to Elliott waves, it may be completing a corrective wave (ABC) after reaching recent highs of $0.74. The structure suggests that if it holds support at $0.48, it could initiate a new impulsive phase targeting levels of $0.60 and subsequently $0.70. However, a break below $0.48 would indicate weakness and a possible pullback towards $0.42. Volume has decreased, reflecting indecision in the market. Additionally, the pending legal case of Ripple against the SEC continues to generate volatility and uncertainty, affecting the overall sentiment towards XRP in the short term.