XRP is not in a bear market yet! Analyst is bullish 📈
Crypto analyst Dark Defender stated that the current decline of #xrp is just the fourth wave in Elliott Wave Theory and has not yet entered a bear market. He believes this adjustment is preparing for the next strong rally, with a target price of $5.85, surpassing the historical high of $3.8.
Another analyst, STEPH IS CRYPTO, pointed out that the XRP daily chart shows a rare bullish RSI divergence, indicating insufficient selling momentum, suggesting that the price may be forming a bottom.
Summary: Short-term fluctuations do not represent a bear market; XRP's rebound signals are brewing, and the long-term trend remains bullish 🔥.
