$XRP ’s Final Wave? The Breakout May Be Here
According to multiple analysts, XRP could be entering Wave 5 of the current Elliott Wave cycle — a phase often tied to powerful bullish momentum.
📊 Current Technical Snapshot
Price: Hovering around $2.42, with eyes on a breakout.
Key Resistance: $2.60 — a confirmed move above this could kickstart the next leg up.
Pattern: $XRP is consolidating in a symmetrical triangle, suggesting a potential breakout is near — like a spring ready to launch.
🚀 Price Targets & Projections
Short-Term Target: $3.55 – $3.70 (if $2.60 breaks)
Mid-Term Outlook: $5 – $6 possible with sustained momentum
Long-Term Bullish Scenario: $12+ if market sentiment and adoption align
⚠️ What to Watch
Critical Resistance: $2.60 must break for confirmation
Support Zone: $2.27 if a pullback occurs
Big Catalyst: Regulatory clarity or an XRP ETF approval could supercharge the rally
Bottom Line:
XRP’s technicals point to the start of a major move — but confirmation lies just ahead. Keep your eyes on the breakout. Wave 5 might just be the one we’ve been waiting for.
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