Based on the current chart and signals, there are several factors supporting a bullish trend for XRP toward $4 before January 1:
If these trends continue, reaching $4 by the end of the year is within reach.
- Elliott Wave Pattern: The displayed patterns suggest a continuation of the upward impulse, with clear corrections followed by new highs.
- Breakout Signal: XRP appears to be breaking out of the descending triangle (ABCDE pattern), which often leads to a strong upward move.
- Volume and Momentum: Increasing volume and a positive RSI indicator indicate strong buying pressure, supporting further price increases.
- Previous Price Action: The recurring patterns suggest cyclical growth, paving the way for a target of $4.
If these trends continue, reaching $4 by the end of the year is within reach.
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