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It seems that the bulls are preparing to control Through the market again, the XRP price is preparing for a potential crowd to $ 6. According to an encryption analyst, these expectations are rooted in Elliot wave theoryThis indicates that the wave 5, which is the final and is usually the most explosive legs, is preparing to run.
Elliott Wave 5 XRP signals explosion price
In one of its most recent Elliot wave AnalyzesX (previously Twitter) Dark Defender encryption expert Expectations A powerful XRP gathering, indicating that the third largest encrypted currency can rise to $ 6 soon. According to the analysis, the XRP has been moving in a predictive wave structure since February 2025, and confirms the last price procedure. Wave bull pattern 5.
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The graph shows that since February, XRP has been following what Dark Defender refers to the name “Green Path”, which corresponds to the expected path of the monthly wave 4. This wave has ended recently after it was revealed to five smaller sub -waves, highlighting the exact and organized technical behavior.
The fourth sub -wave reached its climax at about $ 2.36, a pre -determined level as a major confirmation point. As expected, XRP price She wore this level before restoring to $ 2.07, which constitutes the final station of the sub -wave 5 of the monthly wave 4.
XRP current bullish preparation It reveals that the monthly wave 5 is now in its early stages, with a decrease to 2.07 dollars, the bottom of the corrective structure may be determined. Dark Defender emphasizes that although WAVE 5 has already started, the biggest upward step is still waiting for full confirmation, indicating that there may be a large space for XRP for the gathering.
Technical expectations put Possible upward goal From this wave 5 near $ 6.85, it represents a sharp upward outbreak Market momentum It is in line with the wave structure expectations.
The analyst says that the real bull rally is about to start
The XRP price is close to the main technical collapse, such as CW encryption analyst High The appearance of a Classic bull science style. After experimenting months of monotheism, the analyst suggests that the following explosive leg in the XRP price may be just around the corner.
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The daily graph reveals the structure of the pure bull science, which was formed after that The strong XRP gathered in 2024 When its price jumped from $ 0.5 to more than $ 2. This aggressive and unexpected step was created in valid science, followed by several months The period of monotheismThe formation of the descending science pattern.
Now, XRP tests the upper boundaries of Taurus, as it is traded above $ 2.36 at a little at the time of analysis. The decisive collapse and the closure over the resistance direction line can lead to a new wave of bullish momentum. According to CW, this penetration would represent a real beginning Taurus Rally for XRP.
Distinctive photo of Pixabay, Chart from TradingView.com
