Elliott Wave
Crypto analyst Dark Defender says an Elliott Wave setup on XRP’s weekly chart has compressed into a decisive structure that could propel XRP to $36 (roughly a 1,300% move) this bull cycle. The projection rests on a sequence that began forming in June and is nearing a momentum inflection point.
A technical analyst using Elliott Wave theory warns Dogecoin may be in a prolonged corrective phase, leaving memecoin investors braced for extended stagnation. The outlook suggests downside risk and slower-than-expected recovery for DOGE this cycle.
New analysis suggests XRP is nearing a pivotal technical phase — the elusive 5th Elliott wave — that could propel price toward $27 if key conditions align. Traders should watch structure, volume and macro catalysts closely.