Analyst Says XRP Price Is Now In Wave 4 — What To Expect

Crypto analyst Dark Defender believes XRP is currently in wave 4 of its price structure. He has identified potential targets and support levels for market participants. According to his analysis, XRP might retest the $3 support level as part of a downward correction. A successful hold above $3.07 is anticipated to fuel the next upward impulsive move. Dark Defender predicts this move, wave 5, could propel XRP to $5.8563, establishing a new all-time high. Another analyst, Javon Marks, also forecasts a new XRP ATH, targeting $4.804 and potentially $7.138. XRP has already seen a significant year-to-date increase and climbed to become the third-largest cryptocurrency by market capitalization. Analyst Egrag Crypto emphasizes the importance of XRP closing the month above $3.03. Achieving this monthly close above $3.03 would be a historic event for XRP. Egrag Crypto suggests a minimum target of $8.9 in this market cycle if the monthly close is successful. His analysis also indicates a possibility of XRP reaching as high as $32. At the time of writing, XRP is trading around $3.14.