Crypto analyst Dark Defender has shared fresh insights on XRP’s price movement, revealing that the digital asset has entered wave 4 of its current cycle. The analyst’s wave structure analysis indicates that XRP has successfully completed the first three waves and is now experiencing the consolidation phase typical of a fourth wave pattern.
According to Dark Defender’s technical assessment, the Relative Strength Index confirms this wave 4 consolidation period. His analysis suggests XRP might revisit the $3 support zone as part of a natural corrective pullback before the next major price movement unfolds.
XRP/BTC has now been consolidating for almost 7 years now.
The SEC case is over, and XRP spot ETFs are coming.
This might be the catalyst which could result in a breakout.
And once that happens, $XRP will rally like Q4 2024.
And maybe, it could go from top 3 to top 2 coin… pic.twitter.com/rKnjiVlL3I
— Cas Abbé (@cas_abbe) July 30, 2025
Key Price Targets and Support Levels
The analyst emphasizes that maintaining support above $3.07 will be critical for XRP’s next bullish phase. Should this support level hold firm, Dark Defender anticipates wave 5 could propel XRP toward $5.8563, representing a significant upward move from current levels.
His price roadmap outlines two primary targets: $3.61 matching XRP’s current all-time high, followed by $5.85 which would establish a fresh record for the cryptocurrency. This projection aligns with similar bullish forecasts from other market analysts who see substantial upside potential for XRP.
Crypto analyst Javon Marks has echoed these optimistic views, noting XRP’s strong performance above the $2.47 support zone. His analysis points to $4.804 as the next major resistance level, with a breakthrough potentially triggering another rally toward $7.138. Such a move would represent a 128.78% gain from XRP’s present trading range.
Monthly Close Becomes Critical Factor
Market attention has shifted to XRP’s monthly closing price, with analyst Egrag Crypto highlighting $3.03 as a pivotal level. A monthly close above this threshold would mark an unprecedented milestone in XRP’s trading history, potentially setting the stage for much larger price movements.
Egrag Crypto’s analysis suggests that achieving this monthly close above $3.03 could unlock a minimum target of $8.9, referred to as “the Chasm” in his technical framework. His more ambitious projections extend significantly higher, with charts indicating potential rallies reaching $32 during this market cycle.
Current market data shows XRP trading around $3.14, reflecting positive momentum in recent sessions. The cryptocurrency has already delivered impressive returns of over 35% year-to-date, helping it secure its position as the third-largest digital asset by market capitalization.
Broader Market Implications
These bullish technical analyses could strengthen investor confidence in XRP’s near-term prospects, particularly if the cryptocurrency maintains key support levels during the current consolidation phase. The convergence of multiple analyst predictions pointing toward significant upside potential may attract increased institutional and retail interest in the coming weeks.
Leave a comment