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XRP is still in monotheism yet Hit the highest level of seven years In January 2025. This monotheism witnessed the price decreased slowly, but steadily, lost about 40 % of its value since then. Currently, the bulls seem to have created support for Altcoin at $ 2, as this level continues to withstand even through accidents. Consequently, he created the expectation that the bottom will be close to the price of XRP, and this may be a point that bounces.
The unification of XRP prices can end soon
Moving to X (previously Twitter), Dark Defender open The unification that the price of XRP has been stuck for months now. The analyst used the monthly graph for analysis, calling for the end and bottom for the XRP price. According to him, this is in fact the “final monotheism” of XRP, indicating that this is the place where the penetration will begin.
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With the end of the end of its end, the encryption analyst sheds light on what might be the next of Altcoin using a wave analysis 5. Now, in total, these five waves are still very rising for the price and may eventually end marking the highest new level ever.
For the first wave, Dark Defender is called impulsive wave 1, which is expected to start in the upper direction. This first wave is expected to pay the price to 3 dollars before the start of the second wave, and this second wave is dumping.
The second wave will lead to a collapse of 3 dollars about $ 2.2, providing preparation for the third wave. Once the third wave begins, this is where the encryption analyst expects the price of XRP to the highest new level ever. The target of Wave 3 sets the price of XRP to $ 5, which leads to the liquidation of the highest level in 2017 at $ 3.8.
Next in the line is the fourth wave, which is another landmark. This wave will lead to a collapse of at least 30 %, according to the graphic fee shared by the encryption analyst, while returning it towards a 3 -dollar area again. However, just like the second dumping wave, the fourth roller wave is expected to create a final and explosive wave price.
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Once the fifth wave is at work, it is expected that a completely new rise will occur at all, as the price rises more than 100 % from the bottom of the fourth wave. The goal for this, as shown in the graph, is more than $ 6.
As for the encryption analyst, the main goals that were highlighted during this wave measure are $ 3.75 and $ 58.85. Then, to Main support and resistanceSupport $ 1.88 and $ 1.63, while resistance is located at $ 2.22 and $ 2.30.
Distinctive image from Dall.e, Chart from TradingView.com
The post XRP Consolidation About To Reach A Bottom, Wave 5 Says $5.85 Is Coming first appeared on Investorempires.com.
