XRP Price Targets at $4-5: Key Insights from the Medium-Term Triangle Pattern

• XRP undergoes a medium-term pullback, aligning with the E wave of its triangle structure.
• The E wave may truncate but does not require a full trendline touch before reversal.
• Price targets for XRP remain at $4-5, with pivotal weeks to confirm the trajectory.

Ripple’s XRP is currently experiencing a pullback within a medium-term triangle pattern. This movement aligns with the anticipated E wave, a critical component in the triangle structure. The upcoming weeks are expected to determine the next price direction, with targets still projected at $4-$5.

The E wave in a triangle pattern plays a significant role in defining market structure. Unlike other waves, the E wave has the potential to truncate, meaning it does not always need to reach the trendline for completion. XRP’s current pullback reflects this possibility, as the price may reverse before touching the defined trendline.

According to XForceGlobal analysis, the next few weeks are expected to be pivotal for XRP’s price trajectory. This phase will likely determine whether the triangle pattern resolves upwards or if further consolidation is required. XRP’s current behavior within this formation aligns with the characteristics of the E wave, providing a framework for traders to monitor.

Despite the pullback, overall price targets for XRP remain unchanged. Analysts continue to project a medium-term range of $4 to $5. The triangle’s resolution, whether upward or truncated, will play a significant role in reaching these levels. Observing volume and momentum indicators in the coming weeks will be essential to evaluate the likelihood of these targets.

XRP’s medium-term analysis showcases its alignment with the E wave’s characteristics within a triangle pattern. While the pullback has introduced new dynamics, the primary targets of $4-$5 remain valid. The market’s response in the upcoming weeks will be critical in confirming the pattern’s resolution and determining the next phase of price action.
CoinMarket Cap data indicates that the XRP price stands at $2.52, experiencing a 7.85% increase over the past 24 hours. The market cap rose to $145 billion, reflecting the same percentage growth as the price. Trading volume reached $9.05 billion, surging 84.91% within 24 hours. The fully diluted valuation FDV is $252.2 billion, with 57.49 billion XRP in circulation.