This update reviews XRP’s current market structure and pattern development using hand-built monowave charts and orthodox NEoWave logic.
6-Monthly Chart
XRP launched an impressive impulse pattern that completed at the end of 2018 followed by a Contracting Triangle correction that confirmed complete in 2025.
Blue (higher degree):
Have marked Wave-2 complete in 2025. Looking for a decisive break of Wave-1’s high to confirm Wave-3 has truly commenced.
Blue trend= UP
Green (lower degree):
Tracking what appears to be wave-(2) of 3 on the lower charts below. Wave-(2) is at midpoint and clarity is low.
Green trend= UP
Monthly Chart
Tracking Wave-c of (2):
The complexity of waves-a and b require that wave-c subdivide a bit more so we are looking for that.
The time boxes give the minimum expectation of the time that wave-c will consume.
Weekly Chart
Tracking Wave-c of (2):
Wave-(2) may be subdividing into a 5-wave triangle so we are watching for this after wave-c completes.
Be cautious here as there could easily be purple wave-d and e subdivisions before we can call orange wave-c complete.
Bottom Line
The charts above are showing that Wave-3 has started. XRP’s actions must reflect this or we will be forced to conclude that the sharp rise is only wave-(d) of a developing Wave-2. The Weekly Update will keep tracking this.