XRP Price It may be on the verge of a huge breakthrough, as new wave structures suggest that the price range of $18.22 to $23.20 may surge in the near term. This unique wave structure has emerged on the weekly chart, echoing Historical Mode and a well-defined technical framework ahead of major rally at the end of 2024.
A large number of XRP price rally
The core of this short-term price analysis publishing The emergence of Dark Defender, a crypto analyst on X (formerly Twitter) is unique Elliotbo structure Now visible in XRP weekly charts. According to analyst forecasts, XRP is set to complete its first two waves and is ready to enter Wave 3.
Recently, XRP broke into a long-term Descending resistance line Now approach the key intermediate targets in the range of $5.85 to $6.39 in Wave 3. While reaching this bullish range is important for the backup coin to start its next leg, the main focus is that the upper target is between $18.22 and $23.20. Dark Defender boldly predicts that the current XRP trading price at $2.18 may see A large amount of price increases By November 2025, to US$23, this is the peak of the fifth wave and the fifth wave.
This optimistic outlook is further reinforced by historical references starting in November 2024. At the time, crypto analysts pointed out that XRP showed clear technical wave configurations, resulting in a strong upward movement. The same structure seems to work again, now with stronger technical signals and decisive resistance interruptions.
based on XRP’s expected bullish trajectory On the weekly chart, Altcoin is expected to make minor corrections to the $2.1-$1.92 range before launching to the third time. The next move could allow XRP to break through the intermediate target and peak around $11 from September to September.
Once you reach the top of Wave 3, Correction wave 4 It can be expected that a major segmentation could trigger a $7-$8 area. Once this integration phase is over, XRP may develop to Final bullish wave 5with an ambitious upside target between $18.22 and $23.20, which targets range from 735% to 963%.
XRP MVRV Golden Cross signal forward
A wider range Market sentiment around XRP As the strong rally predicted by experts is coming, the bullishness is shifting. According to Chain Chain analyst Ali Martinez, XRP has just printed a rare and potentially important meaning. Golden Cross Between its market value to realised value (MVRV) ratio and 200-day simple moving average (SMA).
The emergence of this golden cross-pattern suggests that long-term sentiment may be consistent with a new wave of optimism. Based on this key indicator, Martinez boldly predict This crossover can mark XRP’s next main leg.
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