XRP — Deep Elliott Wave Breakdown on the Daily Chart
While most traders chase short-term volatility, the macro Elliott Wave structure on the daily $XRP chart is signaling something much bigger. Current price action suggests we are in the 5th major wave of the cycle, and fractal analysis indicates we’re specifically inside the 3rd sub-wave of Wave 5 — historically the strongest and most impulsive phase. Wave 1 and Wave 2 of this final sequence appear to be complete, and momentum characteristics now align with a classic impulsive Wave 3. If the structure continues to respect Elliott dynamics, the expected roadmap looks like: completion of the current impulse → corrective 4th pullback → final 5th sub-wave aiming for the macro top. Some long-term projections for full completion of Wave 5 cluster around the $7.6 area based on Fibonacci expansions and volatility ranges. Nothing in the market is guaranteed, but the bullish Elliott formation visible right now is one of the clearest XRP has shown in years — not a hype move, but a structural one.
$XRP 🚨 Look at this situation, I’m literally shocked with XRP right now.
Two weeks ago I made this analysis — and every single day in my Stories I kept saying that the price would reach that third circle. Why? Because we had a clear blue support line holding the structure.
Of course, like every trader, I understand market volatility and unpredictability. I opened multiple long positions and kept earning on them along the way.
But today… I got two stop-losses hit — and right after that the coin perfectly followed the setup, touching the red lower circle, a major support zone.
And from that exact level XRP is now bouncing again and forming a new bullish impulse.
Tell me, how can you NOT believe in strong technical analysis after something like this? 😅🔥