XRP AND THE FIVE WAVE SCENARIO AIMING FOR $27.
🪙 XRP started 2026 with weak performance. The first two months of the year closed in red and the price is still seeking a clear direction.
👨💻 In this context, an analyst known as CryptoBull presented a technical scenario based on a five-wave structure that is developing on the weekly chart.
📊 The model relies on an expanding pattern, also known as a megaphone formation, where the trend lines progressively diverge.
Within that structure, the waves are marked from A to E.
▫️According to the analysis, waves A and B have already been completed and the market would be finishing wave C near the lower limit of the pattern.
▫️The current drop originated from the peak of $3.65 recorded in July 2025 and extended until early 2026.
▫️ That lower zone now serves as the main support for the entire formation.
▫️The scenario suggests that wave C could still descend towards $1.10 to form a double bottom.
▫️From there, wave D is projected, a bullish movement that would bring the price close to $5.
▫️Then wave E would appear, with a deep drop towards approximately $0.78.
▫️ Once the entire structure is completed, the analyst proposes a subsequent movement that could drive the price up to $27 in a broader cycle.
📉📈 The analysis is built exclusively on technical structure in a weekly framework. The current price is around $1.37.
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