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XRP Price Could Be Setting Up for Its Most Explosive Wave Yet!

XRP Price Could Be Setting Up for Its Most Explosive Wave Yet!

Photo: CaptainAltcoin

XRP’s current selloff looks brutal on the surface, but CasiTrades believes traders may be focusing on the wrong part of the chart. Her latest long-term XRP analysis argues that the broader bullish cycle that began with the 2024 breakout near $0.50 is still intact. In her Elliott Wave count, the rally that carried XRP to its recent all-time high was only Wave 1 of a much larger structure. That would make the decline happening now a higher-degree Wave 2 correction.

Source: CaptainAltcoin

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