XRPRally

💡 Action Plan for Traders:
• 📈 Buy Zone: Accumulate within the 1,950–3,550 satoshi range if $XRP consolidates.
• 🎯 Target: Look for a breakout toward 6,471 satoshis—a 100% upside from current levels.
• 🛡️ Risk Management: Set a stop-loss below 1,900 satoshis to limit potential losses.

🔥 Why XRP Is Heating Up:

1️⃣ 32% Surge This Month:
XRP/BTC broke resistance and entered the overbought RSI zone (above 70). Historically, this signals strong momentum, just like before XRP’s 2,500% rally in 2017.
2️⃣ Massive Fundamentals:
• SEC vs. Ripple lawsuit resolution could unlock ETFs in the US, with potential inflows of $4B–$8B.
• Ripple’s new RLUSD stablecoin boosts XRP’s liquidity and utility.

3️⃣ Technical Signals:
• Breakout from an 8-year symmetrical triangle pattern suggests continued upside.
• Next resistance aligns with the 6,471 satoshi Fibonacci retracement level.

4️⃣ Risks to Watch:
• Failure to break the 1,950–3,550 satoshi zone could lead to consolidation or correction.

⚡ Pro Tip: Momentum is on XRP’s side—RSI overbought doesn’t mean reversal, it signals strength! 🚀
#XRP #CryptoTrading #XRPRally #BullishSignals #RippleNews #CryptoToWatch #Bitcoin

Analyst EGRAG has identified a compelling Elliott Wave structure in XRP’s price action, drawing parallels to its 2017 fractal. According to his analysis, XRP could be on the brink of a significant rally, potentially reaching double or even triple-digit prices.

Currently, XRP is battling bearish pressure at the $2 level, with EGRAG suggesting it is in the corrective Wave 2 phase of a broader five-wave Elliott Wave structure. This phase often involves volatility and retracements before the explosive Wave 3 emerges.

EGRAG highlights the formation of a "cup pattern" within an arc, which he calls the “just do it” structure due to its resemblance to the Nike swoosh. This pattern could lead to a breakout, pushing XRP toward $13 in the near term.

### Key Insights:
- **Wave 2 Retracement:** Wave 2 typically retraces 50% to 85.4% of Wave 1’s gains. XRP is currently confirming its position in this corrective phase, with a potential double bottom forming before transitioning into Wave 3.
- **Wave 3 Projection:** Wave 1 saw a 733% surge in XRP’s price. Applying the Elliott Wave extension rule, Wave 3 could extend by 1.618 times Wave 1’s gain, leading to a 1,185% surge and a price target of $22–$24.
- **Wave 4 Correction:** After Wave 3 peaks, a corrective Wave 4 could retrace 14.6% to 38.2% of Wave 3’s gains, potentially bringing the price down to around $8.
- **Wave 5 Targets:** The final Wave 5 could push XRP to $32–$48 (1.236%–1.618% of Wave 4), $60–$70 (mirroring Wave 1), or even $95–$110 (61.8% extension of Waves 1 and 3 combined).

### 2017 Fractal Comparison:
EGRAG notes striking similarities between the current Elliott Wave structure and XRP’s 2017 rally. If the current cycle mirrors 2017, Wave 3 could peak between $22 and $24, followed by a Wave 4 correction to around $8. The final Wave 5 could then propel XRP to $32–$48, $60–$70, or $95–$110.

At the time of writing, XRP is trading at $2.23, up 3.5% in the past 24 hours.

**Disclaimer:** This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.

#XRP #ElliottWave #XRPRally #BinanceSquare #PricePrediction

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