XRP Signals Major Price Surge with Intact Elliott Wave Structure

XRP's recent price movements are aligning with a classic Elliott Wave ABC pattern, suggesting the cryptocurrency could be poised for a potentially significant upward trajectory. According to crypto analyst Dark Defender, this technical structure, if maintained, points to new potential highs for the digital asset.

Decoding the Elliott Wave Pattern

Crypto analyst Dark Defender's latest analysis on a 4-hour chart highlights a textbook Elliott Wave ABC structure guiding XRP’s price action. This formation, which began in July 2025 when XRP reached $3.66, saw the price successfully establish Wave A by retracing to the anticipated $2.85 level. Subsequently, by early August, XRP rebounded to $3.33, completing the B Wave top. The cryptocurrency is currently navigating its Wave C phase, with the analyst emphasizing that the completion of this corrective leg is crucial before XRP can initiate its next major bullish surge. The Relative Strength Index (RSI) movements are also closely mirroring this wave progression, indicating the asset's momentum remains within the expected zone.

Anticipated Price Targets and Critical Support

The integrity of this Elliott Wave structure is pivotal for XRP's future trajectory. If the pattern holds, Dark Defender predicts an initial price rally above $3.80, which would mark a more than 21% increase from its current trading price of approximately $3.14. Furthermore, should XRP decisively clear the $3.33 resistance level, the analyst projects rapid acceleration towards ambitious short-term targets of $4.39 and $5.85. These figures represent substantial potential surges of roughly 39.8% and 86.3%, respectively. Investors should also note the crucial support levels at $3.05 and $3.00, where strong buying interest is expected to prevent further price retracement.