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Fact Check: Is XRP Price Set for a 600% Rally in Wave 3?

  • An XRP analysis suggests a 600% rally in the next bullish wave, targeting $13-$15, based on an Elliott Wave structure.
  • Coinpedia's findings highlight that while the theory is plausible, it's highly speculative and not guaranteed.
  • Technical indicators show XRP facing resistance near $2.35 and market conditions do not fully support a significant rally.
  • The analysis emphasizes the need for confirmation through volume, momentum, and altcoin dominance before considering this theory for investments.

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