{"id":660636,"date":"2024-12-12T00:00:52","date_gmt":"2024-12-12T00:00:52","guid":{"rendered":"https:\/\/wncen.com\/?p=660636"},"modified":"2024-12-11T11:27:09","modified_gmt":"2024-12-11T11:27:09","slug":"xrp-price-prediction-5-85","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-5-85\/","title":{"rendered":"XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85"},"content":{"rendered":"

Crypto analyst <\/span>Dark Defender<\/span><\/a> has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish.\u00a0<\/span><\/p>\n

XRP Price To Hit New ATH At $5.85<\/h2>\n

In an <\/span>X post<\/span><\/a>, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP has bounced back from the <\/span>$1.88 support level<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Price Prediction: Here\u2019s What The 91-Day Pattern Says Could Happen Next<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

With this development, the analyst is confident that the XRP price rally to $5.85 has begun. The analyst recently revealed that a <\/span>bull flag<\/span><\/a> appeared on XRP\u2019s weekly chart, which showed that the crypto could reach as high as $11 by early 2025. Based on his Elliot Wave theory, the analyst had also previously predicted that the XRP market top could be around $18.\u00a0<\/span><\/p>\n

In the meantime, the goal is for the XRP price to surpass its current ATH of $3.80 and reach $5.85, as Dark Defender has predicted. XRP has witnessed a price correction following its parabolic rally of over 200% last month. However, the crypto looks well primed for its next leg up.\u00a0<\/span><\/p>\n

From a fundamental perspective, the XRP price boasts a bullish outlook, especially following <\/span>New York\u2019s approval<\/span><\/a> of the RLUSD stablecoin. Ripple\u2019s CEO Brad Garlinghouse confirmed that exchange and partner listings are set to follow and that RLUSD will launch soon. This development caused the price to experience a significant bounce.\u00a0<\/span><\/p>\n

Meanwhile, crypto analyst <\/span>TheXRPguy listed<\/span><\/a> the RLUSD launch as one of the events that market participants wait for before they consider selling their coins. The stablecoin launch would inject more liquidity into the XRP ecosystem, which could spark a significant surge in the XRP price.\u00a0<\/span><\/p>\n

The Stars Are Aligning For XRP<\/h2>\n

In an X post, crypto analyst <\/span>CrediBULL Crypto<\/span><\/a> said that the stars are aligning for a massive bull run for the XRP price. He made this statement while alluding to the fact that experts predict that the US Securities and Exchange Commission (SEC) could dismiss its appeal against Ripple when the new administration comes in.\u00a0<\/span><\/p>\n

Related Reading: This Analyst Correctly Predicted The Bitcoin Flash Crash To $94,000, But There\u2019s A New Target<\/a><\/div>\n

He noted that the SEC lawsuit is the last \u201clone cloud\u201d lingering above the XRP community. As such, dismissing the appeal could boost investors\u2019 confidence in the crypto, providing a bullish outlook for the XRP price. CrediBULL Crypto suggested that XRP could reach as high as $10 in <\/span>this bull run<\/span><\/a> while stating that there should be more than one wave of upside remaining.\u00a0<\/span><\/p>\n

At the time of writing, the XRP price is trading at around $2.34, up over 8% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"XRP
Price recovers to $2.3 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish.\u00a0 XRP Price To Hit New ATH At $5.85 In an X post, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP has bounced back from the $1.88 support level.\u00a0\u00a0 Related Reading: Dogecoin Price Prediction: Here\u2019s What The 91-Day Pattern Says Could Happen Next With this development, the analyst is confident that the XRP price rally to $5.85 has begun. The analyst recently revealed that a bull flag appeared on XRP\u2019s weekly chart, which showed that the crypto could reach as high as $11 by early 2025. Based on his Elliot Wave theory, the analyst had also previously predicted that the XRP market top could be around $18.\u00a0 In the meantime, the goal is for the XRP price to surpass its current ATH of $3.80 and reach $5.85, as Dark Defender has predicted. XRP has witnessed a price correction following its parabolic rally of over 200% last month. However, the crypto looks well primed for its next leg up.\u00a0 From a fundamental perspective, the XRP price boasts a bullish outlook, especially following New York\u2019s approval of the RLUSD stablecoin. Ripple\u2019s CEO Brad Garlinghouse confirmed that exchange and partner listings are set to follow and that RLUSD will launch soon. This development caused the price to experience a significant bounce.\u00a0 Meanwhile, crypto analyst TheXRPguy listed the RLUSD launch as one of the events that market participants wait for before they consider selling their coins. The stablecoin launch would inject more liquidity into the XRP ecosystem, which could spark a significant surge in the XRP price.\u00a0 The Stars Are Aligning For XRP In an X post, crypto analyst CrediBULL Crypto said that the stars are aligning for a massive bull run for the XRP price. He made this statement while alluding to the fact that experts predict that the US Securities and Exchange Commission (SEC) could dismiss its appeal against Ripple when the new administration comes in.\u00a0 Related Reading: This Analyst Correctly Predicted The Bitcoin Flash Crash To $94,000, But There\u2019s A New Target He noted that the SEC lawsuit is the last \u201clone cloud\u201d lingering above the XRP community. As such, dismissing the appeal could boost investors\u2019 confidence in the crypto, providing a bullish outlook for the XRP price. CrediBULL Crypto suggested that XRP could reach as high as $10 in this bull run while stating that there should be more than one wave of upside remaining.\u00a0 At the time of writing, the XRP price is trading at around $2.34, up over 8% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":644451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-660636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85<\/title>\n<meta name=\"description\" content=\"Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH).\" \/>\n<meta name=\"robots\" content=\"index, follow, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85","url":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-5-85\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-5-85\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-Range_426c65.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-Range_426c65.jpg?fit=1792%2C1024"},"articleSection":"XRP","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2024-12-12T00:00:52Z","datePublished":"2024-12-12T00:00:52Z","dateModified":"2024-12-12T00:00:52Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-prediction-5-85\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-prediction-5-85\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Range_426c65.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Range_426c65.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-12-12T00:00:52Z\",\"datePublished\":\"2024-12-12T00:00:52Z\",\"dateModified\":\"2024-12-12T00:00:52Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-Range_426c65.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/660636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=660636"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/660636\/revisions"}],"predecessor-version":[{"id":660697,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/660636\/revisions\/660697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/644451"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=660636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=660636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=660636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}