XRPUSD Chart Patterns and Momentum: The 1H chart reflects an incomplete Wave 3 down in Elliott Wave terms, with subwave 5 targeting a liquidity sweep of the prior low (0.5 Fibonacci retrace of the October-November rally). A bearish divergence on RSI (higher price highs in early November but lower RSI peaks) supports one more flush lower to reset momentum. If $2.24 support fails (as seen in the thin order book bids around $2.20-$2.18), expect cascading stops to trigger a quick 5-10% drop, similar to the flash crash wicks in early November.
XRPUSD food for thought, btc inching up fast with alts barely moving. This is a bad sign. A sharp drop will obliterate alts. Only way around this is if btc actually starts its recovery to 98k then small retrace then back to 100k plus. Let’s see
XRPUSD is 100k enough to retire? Jake: well, xrp will be 100k a token in 2 days so… that’s what, 2 billion? 😂 all jokes aside, I’m very optimistic for xrp, short term $100- end of 2027 IMO.