XRP Targets $3-$4 as Correction Ends

XRP is poised for a significant price increase according to Elliott Wave analyst XForceGlobal.

The analyst believes XRP's recent drop of over 20% from its recent high is a normal correction, and the price could rise to between $3 and $4.

XRP has been trading near $1.44 after rebounding from lows at $1.31, with a 5.27% increase in the past 24 hours suggesting buyers are returning.

The analyst notes that XRP's long decline from its all-time high may be coming to an end, with the move down likely forming a WXYXZ pattern.