{"id":36260,"date":"2025-10-01T09:57:40","date_gmt":"2025-10-01T09:57:40","guid":{"rendered":"https:\/\/financialrush.com\/?p=36260"},"modified":"2025-10-01T09:57:40","modified_gmt":"2025-10-01T09:57:40","slug":"is-ripples-xrp-next-stop-a-new-ath-wave-5-suggests-more-upside","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=36260","title":{"rendered":"Is Ripple\u2019s (XRP) Next Stop a New ATH? Wave 5 Suggests More Upside"},"content":{"rendered":"

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\n\t\t\t\t\t\t\t\t\tXRP trades near $2.85 as analysts track Wave 5, a cup and handle, and 2017-style patterns with targets up to $8.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n

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Ripple\u2019s XRP is trading above $2.90 as analysts track technical patterns that could set the stage for the token\u2019s next move. Daily trading volume stands at around $5 billion.<\/p>\n

While XRP is slightly down over the past day and week, chart watchers see signs that the price could push higher if momentum holds.<\/p>\n

Elliott Wave Structure Points Higher<\/h2>\n

Analyst Dark Defender shared a weekly chart showing XRP has completed its fourth Elliott Wave and is now moving into the fifth. Targets are set at $3.33 and $3.66, with support resting at $2.70 and $2.64.<\/p>\n

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#XRP<\/a> in the weekly time frame closed a weekly candle yesterday.<\/p>\n

We had addressed the 4th and 5th White Waves on February 13th (Monthly Structure).<\/p>\n

4th Wave is complete.
5th Wave is in progress.<\/p>\n

This wave can still extend into double digits.<\/p>\n

I know everybody is bearish.
I\u2026 pic.twitter.com\/sfPN5Moj54<\/a><\/p>\n

\u2014 Dark Defender (@DefendDark) September 30, 2025<\/a><\/p>\n<\/blockquote>\n

The analysis also includes Fibonacci projections of $4.17 and $5.85 for longer-term moves. Dark Defender noted, \u201cThis wave can still extend into double digits,\u201d while acknowledging current bearish sentiment and wider market uncertainty. Despite that, XRP recently closed a weekly candle above the 50% retracement level, reinforcing its support range.<\/p>\n

Cup and Handle Formation in Play<\/h2>\n

CryptoBull pointed out a cup and handle in the works on the weekly time frame for XRP. The rounded base was initiated toward the end of 2024, with resistance forming near $3 sometime earlier this year. The sideways action from August onward seems to be forming the handle itself.<\/p>\n

The price remains above the 200-day moving average, which has served as a key support line. CryptoBull stated, \u201cNext stop $8,\u201d if the handle resolves upward with strong buying. The setup requires XRP to break past the neckline near $3 to confirm the bullish structure.<\/p>\n

You may also like:<\/h3>\n
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#XRP<\/a> cup and handle pattern almost complete. Next stop $8. pic.twitter.com\/XfVpKrKSDK<\/a><\/p>\n

\u2014 CryptoBull (@CryptoBull2020) September 30, 2025<\/a><\/p>\n<\/blockquote>\n

Echoes of 2017 Bull Run<\/h2>\n

Another analyst, CRYPTOWZRD, compared XRP\u2019s current action to its 2017 bull run. At that time, extended consolidation led to a parabolic rally into new highs. The recent pattern of boxed consolidations and breakouts resembles that cycle.<\/p>\n

XRP is currently close to $3.00. The chart highlights $3.65 as the level to watch. A breakout and weekly close above that mark could lead to $4.50 or higher. \u201cIt\u2019s a question of when, not if,\u201d CRYPTOWZRD remarked<\/a>, referring to the possibility of XRP entering price discovery.<\/p>\n

<\/a>
Source: CRYPTOWZRD\/X<\/figcaption><\/figure>\n

Additionally, Market Prophit reported<\/a> that overall sentiment for XRP is bullish across both crowd data and its own measures. Meanwhile, reports noted<\/a> a lack of corporate buy orders despite rising reserves, showing that institutional participation may still be limited.<\/p>\n

XRP is currently trading above the support levels, and analysts are viewing $3.33, $3.66, and $3.65 as the significant break points next in line. Traders are waiting to see if the ongoing structure can confirm a sustained upward movement.<\/p>\n

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