The 3-Part Impulse That Shows Where The XRP Price Is Headed Next
Technical analysts identify a potential three-part impulse recovery pattern in XRP's price action from recent lows around $1.05-$1.12, projecting targets between $2.39-$3.11 if bullish momentum sustains through key resistance levels. The analysis frames current price action within a broader macro corrective wave structure that could signal a trend reversal, though failure to break above $3.10 could result in further downside toward $0.75-$1.00.
XRP's recent price collapse has attracted technical analysis suggesting the worst may be behind the digital asset. Analysts tracking Elliott Wave patterns observe a double zigzag corrective structure that began from highs above $3 last year, with the current low around $1.12 potentially marking the completion of a final corrective Y wave. This setup matters because if validated, it would signal the transition from correction into an impulsive uptrend phase.
The projected recovery follows a classic three-wave ABC impulse structure. Wave A targets $2.12, requiring immediate support validation around $1.46. Wave B would retrace toward $1.46 again—a move that could shake out weak holders despite being structurally bullish. Wave C represents the powerful final leg, targeting $2.70-$3.10, with a decisive break above $3.10 suggesting XRP has found its macro bottom.
For XRP holders and traders, this analysis carries meaningful implications for position sizing and entry strategies. The identified levels provide concrete reference points for stop-losses and profit targets across multiple timeframes. However, the analysis also acknowledges meaningful risk: failure to overcome the $2.12-$2.39 resistance band could negate the bullish thesis entirely, potentially leading to retests of $0.75-$1.00 if macro wave 2 correction continues.
The framework highlights a critical market dynamic—whether buyers possess sufficient conviction to reclaim price levels that broke during the recent selloff. Until $1.46 holds firmly and builds momentum toward $2.12, the three-part impulse remains theoretical rather than confirmed.
- →XRP shows potential three-wave impulse recovery from $1.05-$1.12 lows targeting $2.39-$3.11 based on Elliott Wave analysis
- →First resistance test at $1.46 and secondary test at $2.12 must hold for bullish thesis to develop momentum
- →Macro technical pattern suggests recovery could represent trend reversal rather than temporary relief bounce
- →Failure above $3.10 could invalidate recovery setup and lead to retests of $0.75-$1.00 support zones
- →Wave B pullback to $1.46 should not be interpreted as bearish despite producing shakeout volatility