XRP Price Could Be Setting Up for Its Most Explosive Wave Yet!

XRP’s current selloff looks brutal on the surface, but CasiTrades believes traders may be focusing on the wrong part of the chart. Her latest long-term XRP analysis argues that the broader bullish cycle that began with the 2024 breakout near $0.50 is still intact. In her Elliott Wave count, the rally that carried XRP to its recent all-time high was only Wave 1 of a much larger structure. That would make the decline happening now a higher-degree Wave 2 correction.