Well, butter my biscuit and call me a skeptic, but XRP’s been on a rollercoaster that makes a Mississippi riverboat look steady. Last week, it took a dip from the lofty heights of $2.50, only to bob back up around $2.12, and now it’s loitering near $2.30 like a cat eyeing a canary. The market’s as confused as a hog on ice, torn between the sunny smiles of bulls and the grim glares of bears. 🐂🐻
But hold onto your hats, folks, because Egrag Crypto-a fella who’s about as long-winded as a Twain novel but knows his charts-says XRP’s got a trick up its sleeve. Despite the snooze-fest of a slowdown, the token’s chart looks as resilient as a cockroach after the apocalypse. Egrag’s waving his hands about the “fifth wave,” claiming it’ll be more explosive than a firecracker in a gunpowder factory. 🌋💥
XRP’s Elliott Wave Shenanigans: ‘The Power of 5’
Now, Egrag’s latest scribbles on that social media contraption called X reckon XRP’s in the final act of its fourth wave-a corrective little number, according to that Elliott Wave hoopla. But fear not, for the fifth wave’s a-comin’, and it’s as bullish as a moose in rutting season. Looking back at the ol’ 5-day candlestick chart, Egrag points to 2017 and 2021, when XRP shot up like a rocket with similar setups. History, they say, repeats itself-usually as farce, but in this case, maybe as fortune. 📈✨
The chart’s a regular symphony of cycles, with impulsive waves (1, 3, and 5) followed by corrective waves (2 and 4), all dancing in perfect rhythm. It’s like a square dance, but with more zeros and fewer fiddles. Those cyan and pink bands-exponential moving averages, mind you-show XRP’s snug as a bug in a rug around $2.20, signaling the fourth wave’s last hurrah. 🕺💃

Chart Courtesy: The Wizard of X, @egragcrypto
Egrag Says, “Don’t Be a Fool, Ride the Wave!”
If Egrag’s crystal ball’s to be believed, this consolidation’s just the calm before the storm-a storm that could send XRP into double-digit territory. He’s tossing around Fibonacci numbers like they’re confetti at a parade: $4.789, $5.515, $6.755, and the whopper, $18.259. These ain’t just numbers, folks; they’re potential pit stops on the road to riches. Or ruin. Depends on your luck. 🎢💸
And let’s not forget the skeptics, those poor souls who shorted XRP in 2024 and lost more than a small country’s GDP. Egrag’s got a chuckle at their expense, reminding us all that fighting the fifth wave’s like trying to stop a stampede with a butterfly net. His advice? “Ride it, don’t fight it.” Wise words from a man who’s seen more charts than a sailor’s seen stars. 🌟🤠
As of this scribbling, XRP’s trading at $2.27, down 1.6% in the last 24 hours and 9.2% over the week. But hey, what’s a little dip when the fifth wave’s on the horizon? Buckle up, buttercups-this ride’s just getting started. 🚀🌊
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2025-11-09 23:12