XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here

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XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here - NewsBTC

Quick Summary:

The impulsive wave structure suggests that the crypto is at a pivotal juncture, and its future trajectory hinges on whether it sustains specific price levels.

Related Reading: Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend There are basically two ways the XRP price can go from here: either a continued move upwards or a notable correction.

According to the Elliot Waves Theory, Waves 2 and 4 are corrective waves, while Waves 1, 3, and 5 are the main bullish waves.before This correction, while bearish in the short term, would lay the groundwork for an even stronger Wave 3 rally in the future.