Is XRP Setting a Trap? Elliott Wave Says One More Dip Before the Real Move

thecryptobasic2026-09-09 17:25:30

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Is XRP Setting a Trap? Elliott Wave Says One More Dip Before the Real Move

The recent relief bounce from XRP may not have ended the current pullback, as its Elliott Wave structure calls for one more dip. Notably, the Elliott Wave theory on the 1-hour chart shows that the latest bounce has not yet formed the structure needed to confirm a lasting bottom.

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