Saad Ullah
XRP has been capturing significant attention from traders and analysts as it approaches what many consider a pivotal moment in its price action. With historical patterns suggesting the potential for substantial upward movement, market participants are closely monitoring key technical levels that could determine whether XRP is positioned for its next major bull run.
Intriguing Outlook for XRP Price
XRP is back in the spotlight as traders focus on a key level that could determine its future direction. A new analysis called "The Masterpiece No. 11" shows how XRP continues to follow historical market patterns. The study suggests XRP is lining up with a bullish Elliott Wave formation, which could lead to significant price gains.
Well-known trader @DefendDark shared this chart, noting that XRP is "proceeding with its targets, aligning with historical patterns. Above $3.33, you know what's going to happen." This confidence suggests that breaking above $3.33 could trigger a major rally.
The analysis identifies several important price targets using Fibonacci extensions:
- 161.80% ($1.88) – already hit in early 2025
- 270.20% ($3.35) – close to the key breakout zone
- 261.80% ($5.85) – next major target if $3.33 breaks
- 361.80% ($18.22) – long-term bullish goal
Currently, XRP is trading around $2.82, moving sideways between $2.70 and $3.66. This consolidation phase is seen as healthy accumulation before the next big move up.
XRP Price Within Elliott Wave Context
The chart shows XRP following a classic Elliott Wave pattern:
- Corrective cycle (A–E): Finished earlier in 2025
- Wave (1): Strong upward move already completed
- Wave (2): Current sideways action near $3.00
- Wave (3): Expected to be the strongest, potentially pushing XRP above $10
- Wave (4): Pullback after major gains
- Wave (5): Final push that could reach $18.22
This setup looks very similar to XRP's previous cycles, where long periods of sideways movement were followed by explosive rallies.
The technical analysis suggests XRP is at a crucial turning point. Breaking above $3.33 could open the door to $5.85 in the medium term and possibly $18.22 over the longer cycle.
As trader @DefendDark put it: "Above $3.33, you know what's going to happen." The coming months will be critical in determining whether XRP can deliver on this ambitious price roadmap.
Saad Ullah
