Alex Dudov
XRP is showing early signs of stabilization after months of choppy price action. The token is currently holding above the $0.90 demand zone, a level that Elliott Wave analysts consider a pivotal structure in the current cycle. With a potential move toward the $4 region now on the table, traders are watching this zone closely for confirmation signals.
Two Elliott Wave Scenarios Point to the Same Destination
Analysis from XForceGlobal outlines two technical paths for XRP. The first scenario holds that wave five of the correction has already completed, meaning the local bottom is in and a bullish expansion phase could begin building from current levels. Price holding firmly above $0.90 supports this read.
The second scenario leaves room for one more dip before the cycle wraps up. In this case, XRP could briefly revisit the lower edge of the demand zone before staging a more decisive recovery. Either way, both structures treat the $0.90 area as the line in the sand.
$4 Target Comes Into Focus as Support Structure Stays Intact
What makes this setup compelling is the agreement between both wave counts on the bigger picture. Once the corrective phase wraps up, the chart projects a return to bullish momentum with a measured target in the $4 zone. That kind of convergence between alternative scenarios tends to give analysts more confidence in the broader directional bias.
This is not the first time XRP has attracted attention for structural setups with significant upside. Recent technical breakdowns have also flagged targets ranging from $6-$10, and even as high as $21.5 in more extended projections. As noted in XRP Price Analysis: Compression Pattern Nears Breakout Point, consolidation near strong support zones has historically preceded major directional moves in this asset. Whether the bottom is already in or one more flush is ahead, the demand zone near $0.90 is the level that defines the trade.
Alex Dudov
