🔴 $XRP MOMENTUM IS FADING — ELLIOTT WAVE MAPS THE PATH TO $0.87! 📉
Entry: Hold off — no long setup yet ⚡
Target: 0.85 - 0.87 🎯
Stop Loss: 1.04 resistance zone ⚠️
📉 The Senate's Clarity Act failure has XRP bleeding harder than the broader market, and the 4H chart is telling a brutal story. CasiTrades' Elliott Wave count shows we're still inside wave (3) of a larger decline, with price having already sliced through the green support shelf at $1.07–$1.09. 📊 RSI at 36.62 confirms bearish momentum without the exhaustion buyers need to step in early.
🔻 The roadmap is surgical: a push toward $0.95–$0.99 to complete wave 3, a feeble corrective bounce to $1.00–$1.04, then the final leg down to the $0.85–$0.86 confluence where two Fibonacci extensions align. 🔍 Spot ETF inflows decelerated from $14.9M to $1.01M weekly — institutions are standing aside, not catching this knife. 💬 Are you buying the dip at $0.95 or waiting for the wave structure to fully complete? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ElliottWave #BearishSetup #CryptoAnalysis
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Entry: Hold off — no long setup yet ⚡
Target: 0.85 - 0.87 🎯
Stop Loss: 1.04 resistance zone ⚠️
📉 The Senate's Clarity Act failure has XRP bleeding harder than the broader market, and the 4H chart is telling a brutal story. CasiTrades' Elliott Wave count shows we're still inside wave (3) of a larger decline, with price having already sliced through the green support shelf at $1.07–$1.09. 📊 RSI at 36.62 confirms bearish momentum without the exhaustion buyers need to step in early.
🔻 The roadmap is surgical: a push toward $0.95–$0.99 to complete wave 3, a feeble corrective bounce to $1.00–$1.04, then the final leg down to the $0.85–$0.86 confluence where two Fibonacci extensions align. 🔍 Spot ETF inflows decelerated from $14.9M to $1.01M weekly — institutions are standing aside, not catching this knife. 💬 Are you buying the dip at $0.95 or waiting for the wave structure to fully complete? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XRP #ElliottWave #BearishSetup #CryptoAnalysis
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