XRP Set To Explode—But Only After This Plunge, Analyst Says
🚨 XRP: The Calm Before the Moon? 🌙🚀
XRP holders, buckle up — the charts are showing turbulence ahead… but it might just be the launchpad.
According to respected crypto analyst Quantum Ascent, XRP could be priming for a major breakout — but not before one more dip. His recent analysis points to a temporary pullback to the $2.12–$2.13 zone, a move that fits perfectly within a broader bullish Elliott Wave structure. Translation? It’s not game over — it’s just halftime. ⏳
🧠 Let’s break it down:
Earlier this month, QA predicted $2.71. XRP hit $2.66 — just five cents off.
Now, he’s seeing what looks like a completed 5-wave move — followed by a textbook ABC correction.
The C wave could land near $2.13, aligning with strong Fibonacci support and the prior 4th wave — a key consolidation zone.
🎯 “That $2.13 level is where I’d expect us to chill, maybe move sideways a bit,” QA said in his May 28 update. “But after that? I expect the next move to be up.”
Even a brief dip below $2 wouldn’t be the end of the bullish setup. Quantum Ascent emphasized that the larger macro wave count remains intact, especially on the weekly chart — and XRP is still structurally stronger than most altcoins right now.
He’s not just talking the talk either. QA bought XRP around $0.50 and sold a chunk above $3 — but he’s still holding long term. Why? Because this dip… might just be the setup for something much bigger.
📈 A confirmed bounce from $2.13 could be the springboard to wave 4, possibly launching XRP above $2.80 in the next leg up.
At the time of writing, XRP is holding around $2.29 — not far from the projected correction zone. The big question: will $2.13 hold strong? 👀
💬 What do you think? Is XRP loading the rocket or running out of fuel? Will you buy the dip or wait for confirmation? Drop your thoughts 👇