This XRP technical analysis provides critical insights for traders navigating current price action. The analyst explains why the break below $2.50 support invalidates the bullish impulse wave scenario, with Elliott Wave analysis pointing to a C-wave correction toward $2.17-$2.25 support levels. Key resistance remains at $2.69-$2.84, which must break for any move toward $3.40 and $5.00 targets. The video offers objective technical levels and dual scenario planning (bullish white count vs bearish yellow count), helping traders understand risk management at current price levels and avoid premature entries before confirmation.