$XRP
{spot}(XRPUSDT)

{future}(XRPUSDT)
Hello,

I hope you remember our legendary article about XRPUSDT analysis where we pointed out that it will reach $3.8 in this 11 year supercycle. Recently this asset has almost reached the target and the bull market is almost done.

Let's take a look at the weekly time frame. We can see the clear Elliott waves structure. Wave 3 now is in progress, but it's even above the extended target area between 2.61 and 3.61 Fibonacci, this can be the case for altcoins for sure. Moreover Multilayer AC Strategy confirmed the true pump on XRP this time with the signal.

Anyway we suppose that wave 4 can start anytime now. This is not going to be the fast drop, more likely to see the distribution during 2025. The target for correction, which is reachable is 0.38, approximately $2.

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