The key swing low is currently around $1.38, and it is now the level holding the current wave count together. This level has also served as an important floor for XRP for the past 30 days, making it the structural base of the short-term setup. A sustained hold above $1.38 would keep the bullish wave count valid, while a break below it would weaken the case for another leg higher.
After $1.51, the next levels to watch are around $1.59 and $1.67, before the larger projected C zone between $1.75 and $1.76 comes into view. These are all targets based on Elliott Wave counts of XRP’s price action.
