The analysis focuses on XRP's potential for further upside in its fifth wave, highlighting the yellow scenario as the most probable. A breakdown from the current position would likely signify a larger B-wave pullback. If that is the case, to confirm a bullish scenario and invalidate a pullback, a break above the $3.40 level is crucial. In the short term, tracking support between $2.97 and $3.02. Decisive break below this range would suggest the formation of a more substantial top, but holding it will open the door to another high and a five wave movement. A local break above $3.13-3.14 could indicate a move higher in the fifth wave of wave one. Preparing for a break out.