๐ด $XRP MOMENTUM IS FADING โ ELLIOTT WAVE MAPS THE PATH TO $0.87! ๐
Entry: Hold off โ no long setup yet โก
Target: 0.85 - 0.87 ๐ฏ
Stop Loss: 1.04 resistance zone โ ๏ธ
๐ 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 $1.07โ$1.09. ๐ RSI at 36.62 confirms bearish momentum without the exhaustion buyers need to step in early.
๐ป The roadmap is surgical: a push toward $0.95โ$0.99 to complete wave 3, a feeble corrective bounce to $1.00โ$1.04, then the final leg down to the $0.85โ$0.86 confluence where two Fibonacci extensions align. ๐ Spot ETF inflows decelerated from $14.9M to $1.01M weekly โ institutions are standing aside, not catching this knife. ๐ฌ Are you buying the dip at $0.95 or waiting for the wave structure to fully complete? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XRP #ElliottWave #BearishSetup #CryptoAnalysis
๐ป ๐ป
Entry: Hold off โ no long setup yet โก
Target: 0.85 - 0.87 ๐ฏ
Stop Loss: 1.04 resistance zone โ ๏ธ
๐ 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 $1.07โ$1.09. ๐ RSI at 36.62 confirms bearish momentum without the exhaustion buyers need to step in early.
๐ป The roadmap is surgical: a push toward $0.95โ$0.99 to complete wave 3, a feeble corrective bounce to $1.00โ$1.04, then the final leg down to the $0.85โ$0.86 confluence where two Fibonacci extensions align. ๐ Spot ETF inflows decelerated from $14.9M to $1.01M weekly โ institutions are standing aside, not catching this knife. ๐ฌ Are you buying the dip at $0.95 or waiting for the wave structure to fully complete? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XRP #ElliottWave #BearishSetup #CryptoAnalysis
๐ป ๐ป