XRP Wave C Push On The Way: What Could Send Price Below $2?
XRP’s
XRP Price Chart. Source: @CasiTrades on X
A Post-C Rejection Could Drag XRP To $1.65
The current focus is on a possible push higher, but there’s still a downside risk after the C wave is complete. The analyst expects a rejection that could become the beginning of a larger Wave 3 move to the downside after XRP reaches the projected levels around $2.26 to $2.28.
Related Reading
If that rejection materializes cleanly, XRP could begin a sustained move lower, with the macro support region around $1.65 coming back into focus. Confirmation of this bearish path, however, depends on how the C subwaves form and whether price delivers a decisive rejection.
Featured image from Unsplash, chart from TradingView
About Author
