Ripple XRP Price News Today Technical Analysis - Ripple XRP 2025 and Elliott Wave Chart Analysis
1 extracted signal · 1 resolved · 0 still active
More Crypto Online07 Sept 2025, 17:58 UTC
AI-generated source summary
The analysis focuses on XRP using Elliott Wave theory on the daily timeframe. Currently, the market seems to be forming a low around the $2.74 level, which is the 50% retracement level. According to Elliott Wave guidelines, the fourth wave pullback suggests a maximum pullback at this level. If the yellow interpretation is correct, further upside should be seen, aiming for a fifth wave potentially reaching $4.30 or higher, which would complete a larger third wave, and possibly open the door to $5 plus, which can be tracked tracking a five-wave sequence to the upside, it's already a very deep fourth wave. If price breaks below the September low around $2.69, a larger B wave correction is likely. Currently, there's a sideways consolidation on the shorter term chart, as long as the September low at $2.69 holds, the possibility remains that the fifth wave is starting, as long as the bulls start to turn things up.
AI-generated summary based on the source content.
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