🚨 $XRP Market Update – August 6, 2025 🚀

Hello XRP Army!

XRP has shown some promising moves today, following a clear 5-wave impulse from the weekend low. 📈

🔍 Key Highlights:

The recent upside move towards $3.10 suggests a possible wave 1.

A healthy 3-wave pullback has brought us into a key Fibonacci support zone — a potential launchpad for the next wave up.

Short-term outlook remains bullish as long as XRP holds above $2.80.

Watch for breakouts above:

👉 $3.10

👉 $3.17

👉 $3.33

These are your next resistance levels.

📉 Alternative scenario?

A potential ABC correction is still on the table if XRP drops below $2.80, but for now, bulls are in control. We just need confirmation through increased momentum.

💡 Elliott Wave Perspective:

Current structure might be forming a 1-2 setup or A-B setup.

A breakout from the support zone could indicate either a C-wave or a wave 3 toward new highs.

👉 Stay tuned, and remember: the trend isn't always a straight line — but the structure looks encouraging!

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