Analyst Who Nailed the XRP Crash Now Sets Bold New Target
$XRP is back in the spotlight after a well-known analyst who previously accurately predicted XRP’s drop to $1.88 has revealed his next major price target — and it’s turning heads across the crypto market.
According to market expert Dark Defender, XRP has now successfully completed Wave 4 of its Elliott Wave structure, a phase typically associated with consolidation and corrective price action. With this corrective wave now behind it, XRP appears to be entering Wave 5, historically the most powerful and impulsive phase in Elliott Wave theory.
Dark Defender believes this next leg higher could be explosive. Based on his analysis, XRP is targeting $5.85, which represents an upside move of over 207% from current price levels. This projection aligns with classic Wave 5 behavior, where momentum accelerates as confidence returns and buyers step in aggressively.
Market structure also supports this outlook. XRP has been printing higher lows, volatility is compressing, and volume dynamics suggest accumulation rather than distribution. If bullish momentum continues and broader market conditions remain supportive, a breakout from the current range could act as the catalyst for this projected move.
It’s worth noting that Dark Defender’s credibility has grown after his previous call accurately captured XRP’s downside move to $1.88 — a level that many dismissed at the time. His renewed bullish stance is now attracting significant attention from traders and long-term holders alike.
As always, while Elliott Wave projections offer valuable insight into market psychology, traders should remain mindful of risk and confirmation levels as XRP approaches key resistance zones.
📈 Wave 5 may be loading — and XRP bulls are watching closely.
