The recent price movement of XRP has attracted widespread attention in the market. From the perspective of wave theory, there are currently two possible trend predictions:

The first viewpoint holds that XRP has completed the five-wave downward structure of wave C at the position of $2.95, making a rebound likely. If this judgment holds true, investors need to closely follow the key range of $3.34 to $3.53 to determine whether the subsequent movement will show a three-wave rebound or a five-wave rebound.

Another analysis suggests that 2.95 dollars is merely the low point of the third wave within wave C. In this case, 3.26 dollars may be the position of the fourth wave, indicating that XRP might see a new low once again. This trend can only be confirmed if the price falls below 2.95 dollars.

In any case, investors should remain vigilant and closely follow the price movement and changes in trading volume. Although the wave theory provides us with an analytical framework, uncertainty in the market still exists. It is recommended that investors, when making decisions, combine multiple technical indicators and fundamental factors to carefully assess the risks.

In addition, considering the high volatility of the cryptocurrency market, even if technical analysis provides clear signals, one should not ignore the impact of unexpected events on prices. Maintaining a flexible investment strategy and setting reasonable stop-loss levels is crucial for managing risk.