$XRP recently completed a powerful 3rd wave move, with bullish momentum pushing it toward key resistance zones. Now, analysts are observing signs that the asset has entered the 4th wave:
Decreased volume on upswings
Bearish divergence on RSI and MACD indicators
Sideways or slightly downward price action
This correction phase is expected to retest support levels, potentially offering buying opportunities for long-term investors.
---
⚠️ Key Support Levels to Watch
During the 4th wave, traders should keep an eye on these crucial price zones:
$0.55 – $0.58: Previous resistance that may now act as support
$0.50 psychological level: A strong floor if correction deepens
Fib retracement levels (38.2% to 50%): Often respected in wave 4 pullbacks
---
🧠 What Should Traders and Investors Do?
1. Don’t panic — Corrections are natural and often necessary for sustainable growth.
2. Watch for consolidation near key supports before any major breakout.
3. Use this phase to accumulate if you believe in XRP’s long-term potential.
