3-Wave Correction Sets XRP Price On Bearish Course – Another Major Crash Is Coming

XRP’s price action in recent days has taken a softer turn, with the token now trading below $2 after failing to hold recent recovery attempts. That move has changed the near-term momentum back in favor of sellers, especially as price action is printing closes beneath short-term dynamic support on the higher timeframes. A technical analysis shared by CoinsKid on X looks at a broader corrective structure developing on the 5-day chart, one that could place XRP on a more pronounced bearish path if important price levels are not reclaimed. 3-Wave Correction: Structure And Significance Technical analysis of XRP’s price action since mid-2025 shows an interesting corrective sequence that can be described in terms of waves source: https://www.newsbtc.com/analysis/xrp/3-wave-correction-xrp-price/