#XPR2025
1. Technical Pattern & Analyst View:
According to market expert Dark Defender, XRP has completed Wave 4 in its Elliott Wave pattern. This is considered a key technical milestone, with expectations for a strong upward move in Wave 5. The analyst projects a target of $5.85, which would be over a 200% increase from the current price.
2. Recent Price Action & Volatility:
In the past 24 hours, XRP traded between $1.8743 and $1.9491, showing moderate volatility. The current price is around $1.9191, reflecting a slight recovery from its daily low. This price range suggests active trading and some uncertainty, but the token has managed to stay above critical support levels highlighted by the analyst.
3. Market Sentiment & Cycle:
Despite recent declines and ongoing volatility, the technical analysis points to a bullish outlook for XRP. The completion of Wave 4 and the holding of key support zones are seen as positive signs. The analyst encourages ignoring short-term FUD and focusing on the potential for a new peak in the next cycle, as indicated by the Elliott Wave theory.
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