Ripple’s XRP is up by more than 6 percent in the last 24 hours and is trading near the $2.60 levels. XRP is presently holding above the 2021 high, which was around $1.96. The rate justrecently broke above this secret level and has not dropped back listedbelow it .
Current Wave Structure:
In terms of market structure, XRP is mostlikely in the 4th wave of a bigger 3rd wave within an continuous bullish cycle. The current pullback has followed a three-wave pattern, and this is seen as a correction that oughtto lead into a 5th wave that might push the cost into the $5 to $10 variety. While it’s possible the cost might relocation alittle greater, this stays the most sensible expectation for now, however it might modification as more information endsupbeing readilyavailable.
Support and Resistance Levels:
Looking at