$XRP Holds Above $3 — Is a Wave 5 Explosion Coming?

$XRP is firmly consolidating around $3, maintaining its bullish structure. According to Elliott Wave analysis, this could be the Wave 4 pause before a massive Wave 5 breakout — with price targets reaching up to $5.85 and beyond if momentum holds.

Key Points:

• Wave structure suggests Waves 1–3 are complete; XRP is now in Wave 4 consolidation.

• $3.07 is acting as crucial support — holding it keeps the bullish scenario intact.

• RSI confirms market is cooling before a potential next leg up.

• Analyst targets: $3.61 (initial), $5.85 (Wave 5 projection)

• Monthly close above $3 would be a historic first — signaling a long-term shift.

🔍Analyst Sonia notes XRP has cleared a major breakout zone between $1.97 and $3.01. With no historical resistance above $3, price discovery could take XRP to $4.50–$6.00+, as long as bulls defend the $3 level.

⚠️ A drop below $3 could invalidate the breakout — watch closely.

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