XRP’s price action is trading just above $2, but technical analysis of mid-term charts shows a more complex corrective structure for what comes next. According to a technical analysis shared by CasiTrades on X, XRP may still have one more bullish push ahead before the structure turns lower. The chart showing the analysis outlines a developing Elliott Wave sequence that could first lift XRP’s price higher, then open the door to a breakdown if support levels fail. Related Reading: Ethereum On Fire: User Growth Sparks Massive Activity Spike B Wave Dips Hint At Coming Wave C Surge Technical analysis of XRP’s price action on the 1-hour candlestick timeframe chart by CasiTrade proposes an interesting outlook that shows XRP might end up correcting below $2 in the coming days
source: https://www.newsbtc.com/altcoin/xrp-wave-c-push-on-the-way-what-could-send-price-below-2/