XRP Wave 2 Correction Nears End, $43 Target in Sight
XRP's ongoing correction may be nearing its end, according to market watcher EGRAG, who believes the cryptocurrency is following an Elliott Wave structure.
The current decline has seen XRP drop nearly 43% since the beginning of 2026, but chart data suggests that this pullback represents Wave 2. If correct, Wave 3 could lead to a price target of $43.83.
A bullish divergence on the three-day chart highlights weakening downside momentum, often seen near major market bottoms.