XRP Analyst Maps ‘Washout Zone’ Pullback Before Potential Move Toward $20–$30 Targets

XRP has moved into what Korean Certified Elliott Wave Analyst XForceGlobal describes as a "washout" zone within an expanded flat correction, a structure he believes could ultimately precede a new macro uptrend toward $20–$30. In a February 3 video, he argued that the current Wave C sell-off may still need to complete a five-wave decline, potentially driving XRP into a volatile $1.50 to $1.08–$1.09 range before a reversal, with interim resistance and risk-management levels such as $6 on the path higher. At the time of reporting, XRP was trading at $1.5887.