🧭 XRP IS BUILDING WAVE 3 — BUT 1.40 IS THE LINE TO WATCH
XRP/USDT on the 4H chart is around 1.539 after breaking above the prior consolidation. The structure marks an initial wave 1, a projected wave 2 retracement into 1.28–1.41, and a wave 3 toward 2.80+. The count is a framework, not a guarantee, so confirmation matters.
🔎 THE SETUP
The key Fibonacci zone is marked:
0.500 → 1.4105
0.618 → 1.3719
0.887 → 1.2838
Price is above that retracement band, suggesting the proposed wave 2 low may already be in place. The next hurdle is the prior high near 1.60. A break there would strengthen continuation, while rejection could send price back toward the retracement zone.
🎯 EXECUTION PLAN
Entry: 1.38–1.43
Invalidation: 1.28
TP1: 2.016
TP2: 2.4016
TP3: 2.70–2.80
I would prefer a pullback into 1.38–1.43 rather than chasing 1.54. If that zone holds and XRP reclaims 1.60, the projected expansion becomes more interesting. A sustained break below 1.28 would invalidate the displayed wave-2 interpretation and reopen the lower structure.
⚠ THE COUNT NEEDS CONFIRMATION
The chart projects alternating advances and pullbacks after the 1.618 extension at 2.4016. That is a roadmap, but Elliott Wave counts remain conditional and can change as structure develops. If price cannot hold the retracement zone, the labels need to be reconsidered rather than forced onto the market.
🧩 A DIFFERENT DEFI CONNECTION
Waiting for structure before committing capital has a parallel in liquidity design. S T O N V2 pools support Arbitrary Provision, allowing liquidity to be added using one token while the interface handles the balancing swap. It is a capital-deployment mechanism, not a signal for XRP.
For now, 1.38–1.43 is the area I would monitor most closely. Hold it, clear 1.60, and 2.016 becomes the first checkpoint. Lose 1.28 and the wave structure needs a fresh count.
NFA - DYOR
$XRP
XRP/USDT on the 4H chart is around 1.539 after breaking above the prior consolidation. The structure marks an initial wave 1, a projected wave 2 retracement into 1.28–1.41, and a wave 3 toward 2.80+. The count is a framework, not a guarantee, so confirmation matters.
🔎 THE SETUP
The key Fibonacci zone is marked:
0.500 → 1.4105
0.618 → 1.3719
0.887 → 1.2838
Price is above that retracement band, suggesting the proposed wave 2 low may already be in place. The next hurdle is the prior high near 1.60. A break there would strengthen continuation, while rejection could send price back toward the retracement zone.
🎯 EXECUTION PLAN
Entry: 1.38–1.43
Invalidation: 1.28
TP1: 2.016
TP2: 2.4016
TP3: 2.70–2.80
I would prefer a pullback into 1.38–1.43 rather than chasing 1.54. If that zone holds and XRP reclaims 1.60, the projected expansion becomes more interesting. A sustained break below 1.28 would invalidate the displayed wave-2 interpretation and reopen the lower structure.
⚠ THE COUNT NEEDS CONFIRMATION
The chart projects alternating advances and pullbacks after the 1.618 extension at 2.4016. That is a roadmap, but Elliott Wave counts remain conditional and can change as structure develops. If price cannot hold the retracement zone, the labels need to be reconsidered rather than forced onto the market.
🧩 A DIFFERENT DEFI CONNECTION
Waiting for structure before committing capital has a parallel in liquidity design. S T O N V2 pools support Arbitrary Provision, allowing liquidity to be added using one token while the interface handles the balancing swap. It is a capital-deployment mechanism, not a signal for XRP.
For now, 1.38–1.43 is the area I would monitor most closely. Hold it, clear 1.60, and 2.016 becomes the first checkpoint. Lose 1.28 and the wave structure needs a fresh count.
NFA - DYOR
$XRP
