✅ XRP Confirms Strength With Solid $3 Support Retest — Is th
koinmilyoner
Updated at: 6 hours ago
{"content":"✅ XRP Confirms Strength With Solid $3 Support Retest — Is the Next Leg Up?
XRP's future seems bright. This price estimate comes after a week-long drop in the crypto market, during which XRP lost 6.74% of its value.
XRP Bulls Want ATH After Testing $3 Again
The Elliot Wave Theory, which says that prices will go up and down five times, says that XRP is poised to go up.
XRP had a hard time staying above $3.21 last week, which caused it to drop back down to the $3.00 support zone and make a little price recovery. The analyst argues that the Bitcoin did not reach a new price bottom, which means that the bullish structure is still in place despite this bad thing happening.
The bottom of Wave 2 seems like it had this sharp drop and strong rise off $3.00. If bulls can keep the price above this support, they may be able to launch Wave 3, which is the strongest and most powerful leg of Elliott Wave Theory.
Wave 1 is a price rise, while Wave 2 is a retreat that doesn't break the starting position, according to Elliot wave theory. Wave 3 is often the longest and strongest because of bullish momentum and participation. Wave 4 brings another decrease, which is generally less severe than Wave 2, before Wave 5 pushes prices to their highest point.
The next price target for Wave 3 in the present market is $3.21, which is a critical barrier. If XRP stays above this price barrier, it will maintain the optimistic perspective.
The analyst's first price goal is $3.82, which is the same as the recent move's 2.618 Fibonacci extension. This price range is also XRP's all-time high on a many of exchanges. This convergence makes many more positive, especially because a Wave 5 surge might take the price of the cryptocurrency into uncharted territory if the Elliott Wave structure plays out.
#xrp #Xrp🔥🔥 $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/27/d3cc72d776fd49408b6bfd76a44e8467.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}