Sep 11, 2025
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XRP Price Confirms Wave 3 Move, Faces Key Resistance at $3.13
The recent market recovery has allowed the price of XRP to confirm a significant Wave 3 move. The next crucial level for continuation is $3.13, identified as a potential roadblock by analyst Dark Defender.
Key Insights on XRP Price Movement
- The 3rd Wave target for XRP is between $3.01 and $3.07; it was surpassed during a recent rally.
- A possible downside may occur as the cryptocurrency approaches Wave 4, which historically indicates bearish trends.
- Wave 4 corrections provide opportunities for bullish re-entry while the wave unfolds.
- The E Wave's outcome depends on price action at $3.13, which serves as a critical level.
- If bulls break through $3.13, bearish scenarios may be invalidated. A rejection could trigger the E wave, potentially leading to a decline to $2.74.
- Currently, the D wave indicates continued bullish strength, with expectations for a final Wave 5 that may surpass $3.13.
