In the cryptocurrency market, the past two weeks have seen several upward movements, especially following the assassination attempt on Donald Trump. However, the market seems to be becoming more stagnant over time. On the XRP (XRP) side, one of the market’s biggest uncertainties, the rise in the last 24 hours has excited investors. A cryptocurrency analyst believes that XRP could rise to $5.85. In recent weeks, rumors emerged about a possible agreement with the SEC, causing the price to rise. Later, it was indicated that the situation was quite the opposite, and the price pulled back. Dark Defender approached the issue from a completely different angle, stating that the price rise could reach unexpected levels.
XRP Price Prediction
Analyst Dark Defender, known for his optimistic comments about XRP, stated that the XRP token broke its monthly resistance. He mentioned that the process, considered the 3rd wave of the Elliott Wave chart model, includes a move towards $1.88 and could trigger a move to the Fibonacci Level at $5.85!
According to Dark Defender’s analysis, XRP, the 6th largest asset in the cryptocurrency world by market value, could move to the indicated price level of $1.8816 in the last quarter of this year and then visit the next peak level of $5.8577 in the first quarter of 2026 (5th Wave).
Looking back, Dark Defender had the view that XRP was still moving within the structure on the 4-hour timeframe chart and stated that the current price movement could exceed the levels of $0.87 and $1.03, i.e., beyond $1.
What is XRP’s Current Price?
As of the time of writing, XRP’s price is at $0.621, following a 5.22% rise in the last 24 hours. This means a 2.14% rise in the last 7 days and a 31.5% rise in the last 30 days. Although the $5 level has always been an optimistic prediction for XRP, it is important to remember that its ATH was $3.84 in 2018. In a possible bull run scenario where positive outcomes from the SEC case come together, XRP’s price could rise to completely different levels, pleasing its investors.
