Ripple Price Action: Analyst Sees Potential for Higher Prices After Corrective Bounce

The technical analyst for KuCoin believes that Ripple (XRP) has most likely completed Wave A and is now in the corrective bounce phase of Wave B. This would be followed by a final sell-off in Wave C before moving into higher prices.

However, there's an alternative scenario where the entire move higher could just be a Wave C, meaning no sustainable uptrend develops.

The analyst will closely watch the marked target zone for signs of weakness and distribution. If these appear, they would close positions early.