XRP Consolidation About To Reach A Bottom, Wave 5 Says $5.85 Is Coming 📈
XRP has been in a consolidation phase since reaching a new seven-year high in early 2025, with its price dropping about 40% since. Support seems strong at $2, hinting at a near bottom.
Crypto analyst Dark Defender suggests this consolidation is nearing its end, predicting a bullish trend through a 5-Wave analysis. Initially, XRP could rise to $3, drop to $2.2, then surge to a potential all-time high over $5 on Wave 3.
Further waves predict temporary bearish movements before a final breakout, potentially pushing the price past $6. Major resistance is identified at $2.22 and $2.30, while supports are seen at $1.88 and $1.63.
Source: www.newsbtc.com ↗
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