TimesTabloid
2025-11-28 20:05:59

XRP Completes Wave 4, Analyst Sets Bullish Price Target

XRP might be on the brink of a major rebound . After months of consolidation, multiple technical indicators now line up for a possible breakout. If momentum holds, the digital asset could soon return to the spotlight. According to analyst Dark Defender, XRP has completed its corrective “Monthly Wave 4.” His chart shows that sub-waves within Wave 4 bottomed between roughly $2.07 and $2.36, a zone that acted as a base. From there, Wave 5 — a bullish, impulsive wave — may now be underway. If Wave 5 unfolds as expected, it could drive XRP significantly higher. Some analyses link this to key Fibonacci targets. Key Technical Levels and Breakout Criteria As of report time, XRP is trading at $2.17. The price sits just above important support zones — a setup that many traders consider a prelude to a rally. XRP has completed the Monthly Wave 4 Structure. Now we see the signs of Wave 5 as initial steps. After breaking the yellow trend resistance, things will quickly escalate above $3.01. Have an excellent weekend. pic.twitter.com/ProZaYz6z8 — Dark Defender (@DefendDark) November 28, 2025 For the bullish scenario to gain strength, XRP needs a clean breakout above the immediate resistance near $2.40–$2.50. A confident daily or weekly close above that level would reinforce the Wave 5 thesis. A sustained breakout could open the path toward mid-single-digit and possibly higher targets. The bullish case gains further weight when price-projection tools are applied. Analysts citing Wave 5 projections often reference the 261.8% Fibonacci extension, which lands near $5.85. That would represent a significant rebound from current levels — assuming macro and technical conditions hold. Some even envision levels beyond $5.85 if momentum intensifies. Risks Remain — Structure Needs Confirmation No technical method can guarantee outcomes. A few factors could derail the bullish path. First, XRP must maintain support around the $2.00–$2.20 zone in the near term. If price falls decisively below that level, the Wave 5 count may be invalidated. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Second, even if a breakout occurs, it will need follow-through — strong volume, market sentiment, and macro tailwinds. A weak or failed breakout might trap buyers and lead to another consolidation or dip. What to Watch Next For traders and investors eyeing XRP, three near-term confirmations deserve attention. First, a daily close above $2.50–$2.60 would hint at strength. Second, rising trading volume on upswings. Third, supportive behavior on momentum indicators like RSI or MACD. If these align, XRP could realistically revisit previous highs and test targets near $5.85. If support fails instead, the current bullish structure would lose validity. After a lengthy correction, XRP now stands at a potential turning point . Technical signals suggest that the corrective phase may be over, and a bullish impulse could be starting. But for that scenario to unfold, XRP must break above near-term resistance and sustain strength. Until then, traders should remain alert. A confirmed breakout could spark the next leg upward, while a rejection could force a reevaluation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Completes Wave 4, Analyst Sets Bullish Price Target appeared first on Times Tabloid .

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