
{"id":96888,"date":"2025-09-16T10:00:50","date_gmt":"2025-09-16T10:00:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=96888"},"modified":"2025-09-16T10:00:50","modified_gmt":"2025-09-16T10:00:50","slug":"elliott-wave-says-xrps-next-big-move-is-coming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=96888","title":{"rendered":"Elliott Wave Says XRP\u2019s Next Big Move Is Coming"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<p>XRP may have completed its flat correction, setting the stage for a fresh upward impulse wave.<br \/>\nFive-wave count suggests the asset could now enter Wave 3 or Wave 5 of a macro trend.<br \/>\nABC and WXY patterns together support the idea that XRP\u2019s throwback phase is now complete.<\/p>\n<h3>XRP May Have Completed Its Correction<\/h3>\n<p>XRP is showing early signs that its recent price correction may be ending. Crypto market analyst EGRAG CRYPTO has shared an Elliott Wave-based review suggesting the asset could be preparing for its next move.<\/p>\n<p>The analysis shows what looks like a flat correction. In this setup, three waves are visible: A, B, and C. EGRAG noted that \u201cWave B didn\u2019t quite reach Wave A,\u201d but added that this can happen in some market conditions. The main focus is whether this pattern marks the end of the broader correction.<\/p>\n<p><a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#XRP<\/a> \u2013 The Throwback Phase Is Finished If\u2026 (Update):<\/p>\n<p>Let me Zoom In to illustrate to illustrate the Elliot Wave Flat Corrective Structure.<\/p>\n<p>Zooming In: (1\/5)<br \/>\nI want to take you through a step-by-step breakdown of how I\u2019m constructing this corrective wave. It could be\u2026 <a href=\"https:\/\/t.co\/msT6UEOOHW\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/msT6UEOOHW<\/a> <a href=\"https:\/\/t.co\/HWWA5Rq03z\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/HWWA5Rq03z<\/a><\/p>\n<p>\u2014 EGRAG CRYPTO (@egragcrypto) <a href=\"https:\/\/twitter.com\/egragcrypto\/status\/1967856306678550705?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 16, 2025<\/a><\/p>\n\n<p>This wave pattern might be the second or fourth wave in a larger market cycle. While the exact placement isn\u2019t confirmed, the structure suggests that XRP may now be past the throwback phase.<\/p>\n<h2>Chart Patterns Support a Shift in Trend<\/h2>\n<p>A simplified chart shared by EGRAG shows an ABC pattern, which is commonly seen during market pullbacks. Alongside this, a WXY pattern is also present. This type of structure is often used to describe more complex market behavior when prices pause before resuming a trend.<\/p>\n<p>The combination of ABC and WXY patterns points to a possible conclusion of the <a href=\"https:\/\/cryptopotato.com\/ripples-weekly-ath-shocker-how-far-can-xrps-bull-run-go\/\">correction<\/a>. EGRAG also stated that when the B wave in an ABC structure shows strong upward movement, it can mean the market is getting ready to move higher again.<\/p>\n<p>A separate wave count was also shared, showing five smaller waves forming after the correction. In Elliott Wave Theory, this is a sign that the market may be starting a new upward phase.<\/p>\n<p>The five-wave count is being viewed as a sign that XRP is either starting Wave 3 or Wave 5 in a longer cycle.<\/p>\n<p>\u201cThe strength of the 5-wave pattern\u2026 reinforces the notion that the corrective phase has ended,\u201d EGRAG posted.<\/p>\n<p>The placement depends on whether the last correction was Wave 2 or Wave 4. If it were Wave 2, XRP could now be entering Wave 3, which tends to show <a href=\"https:\/\/cryptopotato.com\/xrp-crashes-below-crucial-support-as-ripple-whales-keep-selling\/\">stronger price action<\/a>.<\/p>\n<h2>XRP Price and ETF Update<\/h2>\n<p>XRP was trading at $3.03 at the time of writing, with a 24-hour volume of $5.1 billion. The price is up 2% in the past 24 hours and has slight gains over the past week.<\/p>\n<p>Meanwhile, the REX-Osprey XRP ETF (ticker: XRPR) is <a href=\"https:\/\/cryptopotato.com\/xrp-etf-launch-imminent-latest-updates-revealed\/\">expected<\/a> to launch this week after earlier delays.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/elliott-wave-says-xrps-next-big-move-is-coming\/\">Elliott Wave Says XRP\u2019s Next Big Move Is Coming<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR XRP may have completed its flat correction, setting the stage for a fresh upward impulse wave. Five-wave count suggests the asset could now enter Wave 3 or Wave 5 of a macro trend. ABC and WXY patterns together support the idea that XRP\u2019s throwback phase is now complete. XRP May Have Completed Its Correction [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":96889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-96888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96888"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96888"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/96889"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}