XRPโs Wave 3 in Waiting? Elliott-Wave Read Hints at Big Move Ahead
$XRP {spot}(XRPUSDT)
{future}(XRPUSDT) Right out of the gate the XRP chart is sending a strong signal โ weโre likely at the end of a five-wave impulsive count, and the next leg might be gearing up. Analysts on TradingView suggest XRP has already completed Wave I (up to ~$3.40) and then a flat-type Wave II correction. Theyโre now pointing to a possible Wave III target near ~$5.30. Of course, nothingโs guaranteed. If XRP fails to break above critical resistance, the alternative scenario is a deeper correction โ possibly toward ~$0.80. Market-sentiment and macro factors (ETF chatter, rate cuts) are cited as key triggers for the move. Currently trading at roughly $2.26 per unit. The risk/reward is becoming vivid: either the bullish thesis plays out or a breakdown invalidates that count. Keep an eye on volume, structure, and whether that ~$3.40 ceiling gives way. Time to see if XRP truly revs up for Wave III โ or if itโs just stalling before the fall.