Dec 16, 2025
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XRP Analyst Predicts Bullish Trend Despite Current Downtrend
Crypto analyst Dark Defender asserts that XRP is in Wave 4 of the Elliot Wave, not a bear market. This downtrend is seen as part of a larger bullish pattern, with expectations for a major uptrend potentially pushing XRP to $5.85.
- Wave 4: Historically bearish, leading to current price decline; began in February 2025.
- Final wave expected to be bullish, surpassing previous all-time high of $3.8.
Another analyst, STEPH IS CRYPTO, notes a potential bottom formation with a rare bullish divergence on the RSI daily chart. This pattern, last seen in 2022, led to a rapid price rise post-distribution.
- Bullish RSI divergence indicates sellers may be losing momentum.
- No specific target set, but technical indicators suggest a possible rally.
