Ripple (XRP) May Fall Again After Early Bull Celebration
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The RSI's bearish divergence supports the analyst's call for XRP to return to $2.05.
The market may have gotten ahead of itself after the Ripple and Mastercard partnership headlines. Experts have now warned that XRP’s correction remains incomplete despite the brief spike nearing $2.45.
In fact, data points to one more flush lower before any proper relief rally.
XRP’s Double-Bottom Setup
According to crypto market analyst CasiTrades, the brief upside move only pushed the asset into the extreme boundary of where subwave 4 could extend, and the immediate rejection from that level further validated her ongoing count. She found that all candle closes remained below the previous Wave 1 low, preserving the structure and keeping the plan intact.
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