This XRP Chart Just Predicted a Surge to $6.30

A well-known analyst going by the name Dark Defender just shared a chart that lays out a bold new price path for XRP – and if it plays out

A well-known analyst, Dark Defender, has shared a chart that predicts a new price path for XRP. According to his analysis, if the scenario plays out as expected, we could see XRP surging to $6.30.

As pointed out in a recent X (Twitter) post, XRP encountered resistance at $2.22 and $2.36, as anticipated by the analyst. Afterwards, the price pulled back and touched $2.13, showcasing that the mentioned resistance zones are still relevant for now.

However, it seems like the correction might be nearing its end. According to Dark Defender, XRP is currently in the final stage of Wave (4), a typical pullback before the next significant move begins. The crucial support zone to monitor is $2.00, with a deeper support level at $1.88.

As long as the XRP price remains above that support, the structure will stay intact, and we can expect the next wave to unfold.

The 5-Wave Structure Towards $6.30

The chart is based on Elliott Wave Theory, a method that maps out price cycles by examining investor behavior. According to Dark Defender, we’re now entering Wave (5), the final wave of the current bullish structure, which is expected to be substantial.

Inside that wave, there are five smaller sub-waves that could play out like this:

This whole sequence could unfold over the next few months, possibly stretching into late 2025.

Of course, it’s not a straight shot, as each wave comes with its own pullbacks and consolidation zones. But the overall pattern is clear – the analyst sees a strong bullish trend forming.

Why $6.30?

The $6.30 target is derived from a 261.8% Fibonacci extension measured from earlier wave moves. Such targets are common in Elliott Wave setups, especially during Wave 5 rallies.

If XRP follows this path, it would break past its 2018 and 2021 highs and potentially flip sentiment across the entire crypto space.

What Needs to Happen

First, XRP needs to hold above $1.88 and ideally stay strong above $2.00. If it begins pushing back toward $2.30-$2.40, that could be the sign that Wave 5 is kicking off.

The volume will need to support the move, and broader market conditions (like Bitcoin and ETH strength) will play a role.

But now that the SEC case is behind Ripple and the chart structure is setting up, the timing couldn’t be better for a bullish push.

Dark Defender has been tracking XRP’s waves for a while, and this latest prediction is rooted in structure and past behavior – not hype.

Whether the XRP price actually makes it to $6.30 remains to be seen. But if it breaks through resistance soon and the wave count plays out, things could get very interesting.

And if that happens, you’ll be glad you were paying attention now – not later.

News data source: kdj.com

The above is the detailed content of This XRP Chart Just Predicted a Surge to $6.30. For more information, please follow other related articles on the PHP Chinese website!