Over the weekend, $XRP delivered a textbook reaction 👀

Price tagged the macro 0.5 support at $2.03 — the exact level I’ve been waiting for ✔

That touch has now printed bullish divergences, setting the conditions for a bounce. From here, I’m watching a move toward ~$2.26, which would complete subwave 2 📈

🔍 WHAT’S NEXT?

This next wave is CRITICAL ⚠

If the move up stays corrective, we could see a sharp rejection — leading into subwave 3 down, breaking the 0.5 support and opening the door for a deeper move toward $1.65 macro support ⏬

📉 BEARISH SCENARIO

❌ Break below $2.03 support

🎯 Target: $1.65 macro support

📈 BULLISH SCENARIO

✅ Break and hold above $2.41

🚀 Downside scenario invalidated

Momentum flips bullish

🎯 KEY LEVELS TO WATCH

🟱 Support: $2.03 (current), $1.65 (macro)

🔮 Resistance: $2.26 (subwave 2), $2.41 (key level)

🧠 TRADING STRATEGY

🛑 SL just below $2.03

I’ll be closely watching whether this move develops as:

a corrective ABC (classic Wave 2 behavior), or

an impulsive structure (bullish continuation)

⚠ A double top near $2.41 would still fit the corrective case.

Stay sharp — the next XRP move will tell us everything đŸ”„

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#XRP #CryptoAnalysis #ElliottWave #Altcoins #TradingSetup 📊🚀