XRP’s Wave 5 Frenzy: Crashing to $6 or Just Hot Air?

Oh, XRP, you sly devil, parked firmly above that sacred $3 line like it’s guarding the gates of fortune. Everyone’s buzzing about this “bullish breakout,” which, let’s face it, probably means it’s not face-planting just yet. Now, Wave 4 is supposedly consolidating—translation: taking a nap or maybe plotting world domination—and if Wave 5 kicks in, we’re all supposed to strap in for a joyride to $6 and beyond. As if crypto wasn’t chaotic enough. 😂

Wave Shenanigans: XRP Wraps Up Wave 3, Lounges in Wave 4

Enter Dark Defender on X, who dug up an old post from July 6 like it was buried treasure. Back then, he sketched out this weekly wave thing for XRP, aiming for $3.61, and now he’s zoomed in on the daily chart with Elliott Wave flair. Apparently, XRP’s nailed Waves 1 through 3, and we’re knee-deep in Wave 4 consolidation. The RSI? Oh, it’s just chilling, signaling a much-needed breather before the next price party. Or so he says—I’m no expert, but it sounds like crypto’s version of waiting for the bus. 🤷‍♂️

XRP chart waving hello

Looking ahead, Dark Defender’s eyeing Wave 5 at around $5.85, but hey, he slaps on the usual “not financial advice” disclaimer—wise move, because who knows if this wave will crash or crest? He’s sticking with that $3.61 target while tossing $5.85 into the mix as a potential peak. All hinging on support at $3.07 holding steady, of course. If it does, bulls might just charge ahead; if not, well, back to the drawing board. 🚀

The Altcoin’s Big Monthly Moment: First Close Above $3—Or Bust?

Then there’s Sonia S. on X, getting all excited about XRP potentially clocking its first-ever monthly close over $3. Historic, she says, like it’s planting a flag on the moon. She’s spotted a breakout zone from $1.97 to $3.01 that XRP’s blithely ignored, setting sights on $4.50 and $6-plus. As long as it stays above $3, price discovery could run wild—no historical baggage to trip over. But, and here’s the sarcastic twist, if it dips below and invalidates this whole shebang, it might just be a false alarm, leaving everyone wondering if they bet on the wrong horse. 😏 Warned you, she did, in that knowing way analysts have.

XRP monthly chart drama

Read More

2025-07-30 14:22