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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. 

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.

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.


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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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