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Bulls seem to get control back Again over the market when the XRP price is preparing for a potential rally to $ 6. According to a crypto analyst, this prediction is rooted in the Elliott Wave theoryWhat indicates that Golf 5, which is the last and usually the most explosive leg, prepares to run.
Elliott Wave 5 Signals XRP price explosion
In one of his last Elliott Wave analyzeX (formerly Twitter) Crypto -Expert Dark Defender predictions A powerful rally for the XRP price, which suggests that the third largest cryptocurrency could soon be raised to $ 6. According to the analysis, XRP has been moving in a predictable wave structure since February 2025 and recently the recent price promotion confirms the partial completion of the monthly Golf 5 Bull pattern.
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The graph shows that XRP has been following since February what Dark Defender calls the “Green Path”, “coordination with the expected process of the monthly Golf 4. This wave recently closed after unfolding in five smaller sub -waves, which emphasizes accurate and structured technical behavior.
The fourth sub-golf peaked at around $ 2.36, an previously identified level as an important confirmation point. As predicted, The XRP price bouncing this level before he withdrew to $ 2.07 and formed the last stage of Sub-Golf 5 of the monthly Golf 4.
XRP’s current bullish setup It appears that the monthly Golf 5 is now in the early stages, with the fall to $ 2.07 that may mark the bottom of the corrective structure. Dark Defender emphasizes that while Wave 5 has already started, the larger upward movement is still waiting for full confirmation, which indicates that there might be a considerable space for XRP to rally.
Technical projections place the Potential upward target of this Golf 5 near $ 6.85, which represents a sharp bullish breakout as market momentum Connect with the expectations of the golf structure.
Analyst says that the real bull rally is about to start
The XRP price is approaching a major technical outbreak, such as Crypto analyst CW highlights The rise of one Classic bull flag pattern. After experiencing months of consolidation, the analyst suggests that the next explosive leg in the XRP price action can be around the corner.
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The daily graph reveals a clear bull flag structure, formed after XRP’s powerful rally in 2024 Then the price from $ 0.5 to more than $ 2 jumped. This aggressive and unexpected move created the flagpole, followed by a multi-months consolidationForming the falling flag pattern.
Now XRP tests the upper limit of the bull flag and acts just above $ 2.36 at the time of the analysis. A decisive outbreak and close to the resistance trend line can cause a new wave of Bullish Momentum. According to CW, this outbreak would mark the beginning of a true Bull Rally for XRP.
Featured image of Pixabay, graph of TradingView.com