XRP / TetherUS
Long

$XRP – Elliott Wave 5th Wave Loading?

72

The setup looks primed for a bullish continuation!

We’re mid-cycle in a classic Elliott Wave structure:

(1) Impulsive launch
(2) Healthy retrace
(3) Aggressive rally with volume surge
(4) Controlled correction & consolidation
🔜 (5) Potential move towards 1.618 extension @ $3.67

Price currently sitting around $3.01 – near Wave (4) low.


📍 Bullish Confirmation Levels
✅ Holding above $2.85–2.90 (Wave 4 support)
✅ Higher low on RSI and bullish divergence
✅ Fib target for Wave 5 = $3.67 based on Wave 1 → 3 projection


🎯 Targets
Short-term: $3.40
Main target (Wave 5): $3.67

🚨 STOPLOSS : Below $2.80 for risk-managed setups


If momentum picks up, Wave 5 breakout could turn explosive — Watch volume and 4H candle structure closely!
XRPUSDT
snapshot

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