Analyst to XRP Traders: Keep This Key Structure In Mind
Photo: Times Tabloid
Crypto enthusiast Carolina (@Carolinatcwnl) has published a detailed price analysis of XRP on the weekly chart. She uses Elliott Wave theory to identify repeating price patterns and predict future movement. Her analysis shows XRP finishing a major corrective phase, and she asked investors to keep the structure in mind. The weekly chart shows a three-part corrective pattern labeled A, B, and C. Wave A was a sharp decline after the 500% surge in late 2024 . Wave B produced a strong recovery above the Wave A starting point. Wave C then pushed the price back down near $1.
Source: Times Tabloid
