XRP Sees One Last Drop Before Potential Run to $2.25

XRP's recent rally in August may not be over yet according to an Elliott Wave analysis of its 1-hour chart. The structure suggests that XRP could witness another decline before resuming its upward push.

The correction following the August rally has some room for another drop, leaving open a possible move toward $2.25. This projection is based on an in-depth examination of XRP's price action and the implications of the Elliott Wave model.

The 1-hour chart analysis indicates that the current decline may not be over yet, with the possibility of one last drop before XRP could potentially reach $2.25.