XRP price forecast: Analyst sees a rise to $6.30 after retesting key levels

His comments came after XRP recently rejected the resistance level of $2.22 and then tested the support level at $2.13 - an important zone that could determine the next move for both buyers and sellers. Despite the short-term weakness, Dark Defender believes that XRP is preparing to enter a five-wave bullish structure, a pattern often seen in Elliott Wave Theory. According to the analyst, the correction phase is nearing its end, and the first bullish wave may soon begin, targeting $2.80 in the initial rally.

After this move, he expects the price to drop to around $2.30, marking the beginning of Wave 2. However, Wave 3 is predicted to be much stronger, with the potential to push XRP above the all-time high of $3.80 in 2017 and reach over $4. After another small correction (Wave 4), the fifth wave and also the final wave could push XRP up to $6.30, completing the bullish cycle. Dark Defender's chart indicates that all five waves could occur before the end of December 2025. If this analysis is correct, XRP could eventually reach a new all-time high within the next seven months - assuming overall market conditions remain favorable.