$XRP breakdown move is imminent after an aggressive rally in an Elliot wave 1 that topped above $2.9. An Elliot wave 2 is now imminent having the minimum targets between $1.9819 -$1.4121.

This target area should also hold as support and give us a reversal to the upside in an Elliot wave 3. Targets for the wave 3 will be shared once we have a low in place in the wave 2