XRP: Short-Term Price Prediction Based on Wave Analysis

After accurately calling the drop to $2.36, he now anticipates a renewed push toward $2.55, followed by a longer-term move toward $3.333.

Wave Analysis: A Completed, B and C in Progress

The current chart reflects an Elliott Wave correction, with Wave A now finalized. The analyst forecasts that Waves B and C are set to play out next — forming a short-term bullish retracement setup.

“Now A wave has been completed and we can see a rise towards $2.55 levels. We are heading towards $3.333 after the B and C wave in the 4-hour chart,” he wrote.

Key Levels to Watch

If XRP respects these wave structures, a break above the $2.58 resistance could catalyze a sharp upward movement toward the projected target.

What’s Next?

With a strong recovery bounce potentially underway, short-term traders may look for confirmation of Wave B strength before positioning for the larger move to $3.33. The bullish outlook hinges on maintaining support above $2.22 in the near term.

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