$XRP will Go Down or Up ❓
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XRP's price is slightly up, not linked to Bitcoin's sell-off. Bitcoin's stable dominance supports XRP. Currently, XRP is in a sideways correction, with key support levels at $0.52-$0.541 and $0.42-$0.49. These levels are crucial for tracking Elliot wave counts. A break above the upper red line confirms the wave; below $0.52, it’s still unfolding. Despite its sideways movement, XRP remains popular for trading.
Trading call for XRP based on the current price of $0.5776:
• TP (Take Profit): $0.62
• BP (Break-even Point): $0.59
• SL (Stop Loss): $0.56
This setup aims to take advantage of a potential rise in XRP while managing risk with the stop loss.
