- Closing in the green bullish zone could ignite Wave 3 of 3, historically the strongest impulse.
- The model projects mid-term gains toward $8–$13 and long-term potential stretching to $18–$27.
- Support at $2.84 holds firm, while $2.97 remains the breakout trigger for short-term momentum.
XRP held steady near key levels after a volatile session, signaling resilience, while broader projections outlined significant long-term upside. The updated Color Code framework continues to highlight the Blue Supply Zone as a decisive factor shaping current market behavior. According to the analysis, closing inside the green bullish zone could unlock Wave 3 of 3, a historically powerful move.
The structure shows XRP remaining on track within its projected Elliott Wave count. Timing adjustments have been observed, but overall direction holds firm. Technical alignment across the zones reinforces confidence in continuation toward higher valuations. Market activity supports the ongoing framework. Accumulation phases remain intact, while supply and breakout zones provide clear checkpoints for potential momentum shifts.
Color-Code Targets and Long-Term Outlook
XRP’s color code chart outlines red as the demand area, yellow as accumulation, and green as bullish expansion. Targets within this model extend toward $8–$13 in the mid-term and $18–$27 in the long-term. These levels align with Fibonacci extensions and prior market cycles.
The projected Wave 5 peak surpasses $20, suggesting potential for exponential gains under favorable conditions. Previous updates using this framework have produced accurate signals, adding credibility to the roadmap. This reinforces the belief that XRP could sustain multi-dollar expansion over the coming cycles.
Sentiment remains firm among market participants. Years of consolidation and past breakouts validate the technical structure and keep long-term optimism intact.
Intraday Momentum and Support Levels
On the intraday chart, XRP moved between a high of $2.97 and a low of $2.84. The session closed near $2.91 after a late recovery. Price fluctuations showed both pressure and resilience within a short timeframe.
Mid-session losses pushed the price downward, but accumulation at lower levels restored balance. The rebound above $2.90 reaffirmed $2.84 as a critical defense zone. Buyers stepped in at this support, preventing extended weakness.
Resistance remains set near $2.97. A confirmed breakout above this level could trigger a renewed push higher, while breakdowns below $2.84 risk further downside.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
