XRP Completes ABCDE Correction - Double-Digit Rally Now in Play
XRP shakes off corrective pattern as technical setup hints at major momentum shift.
The ABCDE Wave Breakdown
That painful corrective phase finally wraps up—five waves of consolidation now giving way to potential breakout territory. Traders watched the pattern develop with growing anticipation, knowing completion typically precedes significant price movements.
Double-Digit Targets Emerge
Technical indicators align suggesting XRP could post gains exceeding 10% in the coming sessions. The asset's historical volatility patterns support the case for rapid upward movement once key resistance levels break.
Market watchers note the timing coincides with broader crypto momentum—because nothing fuels a rally like traders chasing the next shiny object while traditional finance still struggles with basic blockchain concepts.
All eyes now on whether XRP can convert technical promise into actual price action as the correction chapter closes.
“The case for XRP is stronger than ever,” he explained, noting that daily adoption and utility make historical comparisons incomplete.
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Dark Defender argued that as long as XRP respects its established support levels, there’s “no limitation” for the token eventually moving into double-digit territory.
While he cautioned that his views are educational and not financial advice, he remains confident that the correction phase is ending and that the setup for the next major MOVE is intact.
