XRP is inching toward what could be its most consequential technical inflection in more than a year, according to the June 3 video analysis from the YouTube channel More Crypto Online (MCO). Employing classical Elliott-wave mapping, the analyst argues that XRP has been building a five-wave advance ever since the market reset in July 2023 and is now attempting to ignite the terminal “fifth” wave—a rally that, if it unfolds under euphoric conditions, could extend as far as $9.
How The Roadmap Is Built For XRP
“We might be in a process of upside reversal… It’s like a now-or-never moment,” the commentator told viewers, stressing that breakouts are usually obvious only after large portions of the move are already spent. In Elliott wave terminology the
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