A well -known analyst to go to the name Dark protector just shared a chart that puts a bold new price path for XRP – and if it's playing, we can look $ 6.30 In the unlucky future.
Yeah, really.
Let's split it up and see what this chart tells us.
XRP price: hit of resistance, correction near the end?
In the tweet to arrive with the chart, the Dark Defender pointed out that XRP ran into resistance to $ 2.22 and $ 2.36 – As he expected. The price returned after that and touched $ 2.13showing that resistance zones are still strong today.
But correction can be almost done. According to his chart, the XRP is in the latter part of Wave (4)which is a typical pullback before the next big move begins. The main support in the zone to handle? $ 2.00with a deeper level of support to $ 1.88.
As long as the XRP price stays at the top, the structure will remain intact – and the next wave higher can start as soon as possible.
The structure of the 5-wave towards $ 6.30
Dark Defender's chart is built on Theory of elliott waveA procedure that releases price cycles based on investor behavior. He said we're going to come in now Wave (5)The final wave of the current bullish structure – and this one is expected to be large.
Within that wave, there is Five smaller sub-wave That can play like this:
| Waves | Target price | Description |
|---|---|---|
| Wave 1 | $ 3.00 | Initial breakout from correction |
| Wave 3 | $ 4.40 | Strongly moving bullish after pullback |
| Wave 5 | $ 6.30 | Final Advancement to New Highs |
The whole of this is the next time it can open in the next few months, perhaps expanding in late 2025.
It's not a straight shot, of course. Each wave has its own pullbacks and integration -Includes zones. But the general pattern is clear – the analyst is seeing a strong bullish trend forming.
Also Read: The Value of XRP When Ripple beat the SEC and recover the Top 3 position
Why $ 6.30?
The $ 6.30 The target is derived from a 261.8% Fibonacci Extension measured from previous wave movements. These types of targets are common in Elliott waves, especially during wave 5 rallies. It also happens to be a level that will send XRP properly to the new all -time high territory.
If the XRP follows this path, it will ruin the 2018 and 2021 high and possibly regulate sentiment throughout the crypto space.
What needs to happen
First, the XRP will have to hold on to the top $ 1.88 and perfectly stay strong above $ 2.00. If it begins to push back $ 2.30- $ 2.40That could be a sign that Wave 5 kicked.
The volume will have to support the transition, and the wider market conditions (such as Bitcoin and Eth Strength) will also play a role.
But now that the SEC case is behind the ripple and the chart structure is set up, the timing may not be better for a bullish push.
The Dark Defender monitors XRP waves for a while, and this latest prediction is rooted in structure and previous behavior – not hype.
If the price of XRP actually makes $ 6.30 remains visible. But if it is destroyed by resistance soon and the number of waves performs, things can be interesting.
And if that happens, you will be glad to be paying attention now – not eventually.
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