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Kayne's XRP Wave Scenario Maps a Conditional Route Toward $2

Kayne's XRP Wave Scenario Maps a Conditional Route Toward $2

Photo: TokenPost

Analyst Kayne's Elliott Wave view outlines a conditional path for XRP from the $1.20-$1.25 area toward $2, with several intermediate levels and no target date. The sequence first depends on XRP holding $1.20-$1.25. It then maps $1.50-$1.52, a pullback toward $1.40, a move toward $1.85 and another retreat into the upper $1.60s before $2. The levels describe a technical scenario, not a confirmed reversal. TokenPost's Nov. 1 XRP outlook put the month's base range at $1.20-$1.32, overlapping the lower band in Kayne's view.

Source: TokenPost

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