Could Ripple (XRP) Hit New All-Time Highs? Wave 3 Setup Suggests So

XRP is seeing increased volatility, which has culminated in a dramatic wick down to a double bottom near $2.70 at the end of its consolidation phase. Analysts note that such sharp moves are typical at consolidation endpoints and often signal an imminent “trend shift.”

The current pattern remains valid within a Wave 2 count, provided the $2.70 level holds; any break below this threshold would reset the Elliott Wave structure and invalidate the current bullish outlook.