Search results for Elliott Wave Theory
Crypto
XRP wavers around $1 as analyst says it will outperform bitcoin and ethereum
XRP is nearing a major turning point versus bitcoin and ethereum, a market analyst said. Dark Defender said the XRP-to-ether ratio could be finishing an Elliott Wave 4 correction and entering a Wave 5 rise, potentially letting XRP lead the market after ether rises further in the near term. Another analyst, ChartNerd, said nothing is absolute and warned XRP could stay weak into year-end. XRP traded at $1, while ether was about $1,910.
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.