XRP/USDT Potential Upside: Elliott Wave 5 in Play!

The XRP/USDT pair is showing strong signs of entering Elliott Wave 5, suggesting a potential bullish opportunity. Here's the breakdown:

📊 Wave 5 Projections:
Based on Fibonacci extensions, Wave 5 targets suggest a potential move towards $1.4457, aligning with key resistance levels and historical price zones.

💡 Strategy:

Entry: Consider entering at market price now.
Stop Loss: Place your stop loss just below the last swing low at $1.033.
Risk-Reward: This setup offers a favorable risk-reward ratio, perfect for traders aiming to capitalize on Wave 5’s upward momentum.

⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research, evaluate risks, and trade responsibly.