XRP Sweet Spot for Potential Breakout After ABC Correction**
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XRP appears to be nearing a pivotal point, following a completed 5-wave structure upward and an ABC correction downward. The next key level to watch is $0.52433 at the 0.382 Fibonacci retracement. Testing this level could serve as a launchpad for a breakout to the upside. The target for this upward movement is around $1.12.
Conclusion & Advice :
XRP's price structure suggests a potential breakout after it tests the key Fibonacci level of $0.52433. Traders should closely monitor this support for buying opportunities. Risk management remains essential to capture gains, with a focus on the breakout potential toward $1.12.
