XRP is currently quoted in the green at $ 2.22. Market analysts are watching closely, since recent movements have opened the possibility of greater profits. Looking at the 4 -day table, an analyst has said that there are two main possible scenarios for the XRP Price Directorate:
1. The yellow scenario (more likely)
This scenario shows that XRP continues to increase, possibly reaching a new historical maximum before undergoing significant correction. This structure follows a five-wave pattern that began from the minimum of XRP in 2013. If this develops, it could follow a correction, possibly reducing the price to $ 0.40- $ 0.50, similar to the behavior of the last market.
2. The white scenario (alternative)
This scenario shows that the current bullish market actually began in 2020, not in 2013. XRP is possibly in the final wave of a smaller five wave movement. If it is true, it could follow a smaller but still significant correction, possibly lasting up to one year.
Despite uncertainty, both scenarios expect another price increase, especially while XRP remains above the key support level of $ 1.20. If this happens, XRP could increase to $ 5.60 or even $ 6.60.
Short -term perspective
From a short -term perspective, XRP seems to be a five -wave movement since its April minimum. However, the pattern is not clear. If XRP remains above $ 2.12, prices could continue to increase. But if it falls below that level, we can see a correction with support between $ 1.84 and $ 2.10.
