XRP's Long Correction Nears End: New Price Targets

XRP poised to finish long corrective phase

Ripple's XRP may be approaching the end of a prolonged corrective cycle, according to prominent market analyst Dark Defender. Using Elliott Wave analysis, the analyst suggests XRP is completing wave four — a stage that often precedes a powerful fifth wave rally. This technical outlook has pushed renewed attention on XRP price targets and momentum indicators across exchanges.

Elliott Wave outlook and price targets

Dark Defender outlines four key resistance levels to watch as potential targets in a bullish scenario: $2.90, $5.86, $9.04 and $18.23. If wave five unfolds, these levels could act as milestones for traders using Elliott Wave strategies and technical analysis to time entries and exits.

Fundamentals supporting a bullish case

Beyond charts, fundamental drivers reinforce the bullish thesis: expanding institutional partnerships for Ripple, accelerating adoption of RWA tokenization on the Ripple network, and robust retail demand in South Korea — where XRP trading volume on major exchanges has recently approached nearly four times that of Bitcoin. Still, the scenario depends on a fresh influx of liquidity into the crypto market.

Investment-minded readers should combine on-chain data, liquidity metrics and risk management before trading. Monitoring order books, exchange flows and macro sentiment will be critical if XRP attempts a sustained breakout.