$XRP | Elliott Wave + Fibonacci Confluence Analysis
XRP is approaching a critical inflection point on the weekly timeframe — one that could define the next macro leg of the cycle.
From a structural perspective, price action since the 2022 low continues to respect a developing macro impulse, with XRP now appearing to be in the late stages of Wave (4).
And this is where things get interesting 👇
🧠 Wave (4): Textbook Behaviour
The ongoing pullback is unfolding as a corrective, overlapping structure, which is exactly what we expect from a fourth wave. No impulsive downside, no panic selling — just controlled digestion after a strong advance.
More importantly, price is currently holding inside the high-probability Fibonacci support zone:
0.5 retracement (HWB)
0.618 retracement (Golden Zone)
This zone has historically acted as a launchpad for Wave (5) in clean Elliott structures — and XRP is respecting it so far.
📊 Why This Level Matters
Wave (4) corrections are designed to:
Reset momentum
Shake out weak hands
Prepare the market for trend continuation
As long as XRP defends this Fib cluster, the bullish macro count remains intact.
This isn’t just technical — it’s market psychology. Smart money typically accumulates during Wave (4), not at the top of Wave (5).
🚀 Wave (5) Targets: Where Can XRP Go?
If support holds and momentum expands, the next impulsive leg (Wave (5)) opens up:
🎯 Primary target: ~$4.50
(0.236 macro retracement alignment)
🔥 Extension scenario: $6.00+
(If momentum, volume, and sentiment accelerate together)
This would mark a decisive breakout phase, not a grind.
⚠️ Invalidation & Risk Scenario
No analysis is complete without risk.
A clean weekly breakdown below the highlighted support would:
Invalidate the preferred Wave (4) count
Signal an extended correction
Expose downside toward $0.35–$0.30
That would imply the market needs more time, not more upside — at least temporarily.
🧭 Final Takeaway
This is a binary zone:
✅ Hold above support → Wave (5) continuation toward new cycle highs
❌ Lose support → Deeper corrective leg before the next opportunity
The chart is clear. The market will decide.
Smart traders don’t predict — they react to structure.
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