Unlocking the Secrets of XRP: Will Wave D Send Prices Soaring?

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XRP has taken a rather fabulous stand at the support soiree between $1.33 and $1.36, while wave analysis is whispering sweet nothings about a D-wave target that flirts with the delightful digits of $1.44 to $1.52. Let us peruse the chart, shall we?

XRP finds itself lounging comfortably on a support band that has been tested more times than a socialite’s patience at a dull dinner party. That $1.33 to $1.36 zone is doing an admirable job of keeping the current wave structure alive. How quaint!

However, what’s positively enigmatic is what lies ahead. It all hinges on whether our dashing buyers can defend their lofty castle of gains, or if they’ll be sent packing.

The Triangle Nobody’s Talking About

According to the ever-charming Morecryptoonl on X, XRP is shaping up a rather sophisticated sideways triangle on the grander time frame. With waves A, B, and C having completed their performances, we now have Wave D strutting its stuff with a three-part harmony.

The structure, as Morecryptoonl so cleverly elucidates, is the orange scenario. The price has been quite respectful of this artistic interpretation. The key support zone between $1.33 and $1.36 remains firm, akin to a matronly figure holding court at a tea party, and thus keeps our count valid.

Breaking above that April 7 high near $1.39 was the next act in this whimsical play. And lo! XRP managed to do just that. As long as the price maintains its genteel position above that breakout level, the Elliott Wave count remains ever so chic.

$1.44 to $1.52 Is Where This Ends

Morecryptoonl suggests the D-wave completion zone is nestled comfortably between $1.44 and $1.52. That translates to a rather delectable 6-10% move from current levels, should our triangle continue to unfold like a riveting novel.

But let’s not get carried away-this isn’t a breakout call. Oh no, darling! It’s merely a bounce within a larger, glamorous consolidation. The triangle structure, by design (how very clever!), resolves with a final E-wave after D completes, so those traders watching this setup know the drama doesn’t end at $1.52. How thrilling!

That said, short-term direction appears to be as clear as a summer’s day. The $1.39 breakout gives our bulls something sturdy to lean upon. Holding above it is simply critical.

Support Held, Now What

The $1.33 to $1.36 zone has performed admirably, thank you very much. Recent wave analyses on similar structures near these heights showed resistance languishing between $1.38 and $1.40. Yet, like a diva at a gala, XRP pushed right through that.

The next notable resistance arrives at $1.44 to $1.52, which, coincidentally, aligns almost perfectly with the D-wave target flagged by our dear Morecryptoonl on X. How serendipitous!

A close back below $1.39 would most certainly weaken this delightful case. And should we tumble below $1.33, the current interpretation crumbles like a biscuit at a fancy tea.

Disclaimer: This article is purely technical analysis based on the writer and cited source. It is not financial advice or an investment recommendation.

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2026-04-16 21:27