📈 $XRP 4Hr Chart Outlook – Elliott Wave in Play


#XRP's 4Hr chart is painting an Elliott Wave sequence, finishing wave (4) and hinting at a move into the final wave (5)! 🚀


🌀 Wave Count Breakdown:

1⃣ Wave (1): Initiated from sub-$2.00 range with clean momentum

2⃣ Wave (2): Healthy corrective dip, maintaining bullish structure

3⃣ Wave (3): Strong impulsive leg topping near $3.70, validating the trend

4⃣ Wave (4): Ongoing consolidation phase, forming potential bull flag / base

5⃣ Wave (5): Projected Fibonacci extension at 1.618 targets around $3.67 – $3.70


Support: $3.00 psychological level + local base


Resistance: $3.20 (short-term), followed by $3.66 (1.618 fib extension)


Invalidation: Break below $2.90 could challenge wave structure


With bullish momentum intact and corrections staying orderly, this chart structure aligns with Elliott Wave theory forecasting a final push in Wave 5. Volume confirmation is key on breakout above $3.20.


#DOJ $BTC

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July 31, 2025 at 8:01 AM
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