XRP to $3.33? Analyst Says Elliott Wave Pattern Signals Major Upside
XRP may surge to $2.55 and beyond, according to Elliott Wave analysis by Dark Defender
Crypto analyst Dark Defender has reignited bullish hopes for XRP holders, suggesting that the token has just completed Wave A of an Elliott Wave correction—a technical pattern used by traders to forecast future price movements. According to his analysis, XRP is now poised for a short-term rally to $2.55, followed by a longer-term target of $3.333.
The Elliott Wave Theory is a well-known tool in technical analysis. It suggests that markets move in predictable, repeating wave patterns. In XRP’s case, completing Wave A implies that the worst of the correction may be over, setting the stage for an upward Wave B—typically a retracement rally.
If Dark Defender’s projection proves accurate, XRP could more than triple from its current price levels, sparking renewed retail interest and potential institutional attention.
Still, it’s important for new investors to understand that while Elliott Wave theory is popular among technical analysts, it’s not a guaranteed forecast. Market conditions, regulatory developments, and overall crypto sentiment will also play a big role.
