![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
XRP Set for Explosive Breakout, Analyst Predicts $6 Target in Final Wave
Apr 19, 2025 at 06:30 pm
Crypto analyst Dark Defender has issued a bold call on XRP's price trajectory, suggesting that the long-standing period of consolidation is nearing its end.
Crypto analyst Dark Defender has set his sights on XRP, predicting that a long period of consolidation is coming to an end and the token is poised for an explosive breakout.
Taking to X (formerly Twitter), the analyst noted that the current pattern is the “Final Consolidation,” suggesting that a potential breakout is just around the corner.
Using monthly chart analysis, he shared a 5-Wave Elliott Wave projection that outlines a highly bullish roadmap for XRP, including targets that would take the token well beyond its 2017 all-time high.
Wave 1: The Beginning of the Uptrend Toward $3
The first move in the forecast, Wave 1, is expected to be impulsive, launching XRP up to the $3 mark. This would mark a major recovery from recent price stagnation and set the tone for a larger rally.
Following this rally, Wave 2 is projected to retrace the gains slightly, bringing XRP back down to around $2.20—a healthy correction that builds the foundation for the next leg up.
Wave 3 Could Deliver New All-Time High
According to the analysis, Wave 3 will be the powerhouse of the cycle, pushing XRP to a new all-time high near $5, breaking past its historic $3.80 peak from 2017.
Once Wave 3 completes, Wave 4 is expected to bring another correction—possibly around 30%, taking XRP back to the $3 zone. But like Wave 2, this dip is predicted to be temporary and essential for the final move.
Wave 5: The Launch Toward $6
The fifth and final wave in the pattern is the most bullish of all. Dark Defender suggests it could result in a 100%+ surge from Wave 4 lows, lifting XRP to over $6. Key target levels highlighted during this full wave cycle include $3.75 and $5.85, signaling massive upside potential for the altcoin.
With the chart’s structure forming and momentum slowly returning to the market, XRP holders may be on the brink of a major trend reversal—if this 5-wave roadmap plays out as expected.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- The crypto market is a never-ending place. One day you’re happy with a new high, the next day you’re scared of red candles.
- Apr 20, 2025 at 01:25 am
- The crypto market is a never-ending place. One day you’re happy with a new high, the next day you’re scared of red candles. But here’s the difference: you can still make money when the price is down.
-
-
-
-
-
-
-
-