Search results for Elliott Wave Theory
Crypto
Where will XRP\'s bottom form? $0.46 and $0.50 to $0.80 in focus
An analysis says the low in XRP’s latest decline cycle could vary depending on which Elliott Wave sideways pattern forms. It said an expanding flat currently looks more likely than a regular flat, while a running flat remains possible. XRP is around $1.08, about 70 percent below its July 2025 record high of $3.66. Under an expanding flat using a 1.0 Fibonacci projection, a possible floor is $0.46. A running flat implies $0.50 to $0.80.
Crypto
Shiba Inu down 90 percent from 2021 peak; conditions for trend reversal
Shiba Inu is down more than 90 percent from its 2021 peak and remains trapped below a long-term resistance line, an analysis said. The market is watching whether it can reclaim $0.0000070 and the area near $0.0000100, while holding support around $0.00000600. Technical indicators remain bearish, though a short-term chart shows some stabilisation signals after a correction, with a possible move back above $0.00000720.
Crypto
XRP rise scenarios point to split between $14 and $42 final targets
XRP is moving within two different Elliott Wave structures, and its eventual price target could depend on which path plays out, an analysis said. One scenario points to a fifth-wave target of $12 to $14.5 after a fourth-wave correction. Another scenario also puts the next move around $14, but leaves room for a later run toward $42 after another pullback. XRP has rebounded to above $1.45 after an April low of $1.34.