Bulls appear to be regaining control over the market again as the XRP price gears up for a potential rally to $6. According to a crypto analyst, this forecast is rooted in the Elliott Wave Theory, which indicates that Wave 5, which is the final and usually the most explosive leg up, is getting ready to run. Elliott Wave 5 Signals XRP Price Explosion In one of his latest Elliott Wave analyses, X (formerly Twitter) crypto expert Dark Defender forecasts a powerful rally for the XRP price, suggesting that the third-largest cryptocurrency could skyrocket to $6 soon. According to the analysis, XRP has been moving in a predictable wave structure since February 2025, and recent price action confirms the partial completion of the monthly Wave 5 bull pattern. Related Reading: XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge The chart shows that since February, XRP has been following what Dark Defender refers to as the ”green path,” aligning with the expected trajectory of the Monthly Wave 4. This wave has recently concluded after unfolding into five smaller sub-waves, highlighting a prec ..
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