XRP has shown stable results amid volatile trading sessions, paving the way for potentially strong movements in the future.
Target Levels and Long-Term Outlook
XRP remains on track according to the updated Elliott Wave analysis. Closing in the green bullish zone could unlock Wave 3, historically a powerful impulse. Projected targets for XRP range from $8 to $13 in the mid-term and from $18 to $27 in the long term.
Intraday Momentum and Support Levels
On the intraday chart, XRP reached a high of $2.97 and a low of $2.84, closing at $2.91 after recovery. Support at $2.84 holds firm, while a breakout above $2.97 could serve as a catalyst for renewed growth.
Conclusion and Market Sentiments
Market participants remain optimistic. Years of consolidation and past breakouts validate the technical structure, supporting long-term positive expectations for XRP.
Overall sentiment remains positive, as key support levels and long-term growth forecasts are sustained.
