The price of XRP continues to coil just above the mid‑$2 region, but veteran market technician CasiTrades (@CasiTrades) believes the consolidation is the calm before a violent impulse higher. In a four‑hour chart published on X on 17 April, the analyst traces an Elliott Wave count showing the token finishing a textbook Wave 2 correction that began after December’s cycle high near the 0.118 Fibonacci band at $3.40.
XRP Breakout In April Still Possible
From the peak labelled (1), XRP has followed a sharp, three‑legged A–B–C pullback (drawn in gold). Leg A bottomed in February at $1.77. Leg B retraced to the 0.236 level at $2.99 before the current slide in Leg C, which has thus far defended the 0.618 retracement at $1.54. Below lies
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