{"id":111659,"date":"2025-11-09T20:00:03","date_gmt":"2025-11-09T20:00:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=111659"},"modified":"2025-11-09T20:00:03","modified_gmt":"2025-11-09T20:00:03","slug":"xrp-ready-for-the-5th-wave-analyst-says-dont-fight-it","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=111659","title":{"rendered":"XRP Ready For The 5th Wave: Analyst Says Don\u2019t Fight It"},"content":{"rendered":"

XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure.<\/a><\/p>\n

Despite the broader slowdown<\/a> in its price action, technical analysis shows that XRP is still displaying a resilient structure on the charts that maintains its critical support levels.<\/a> According to Egrag Crypto, a popular analyst known for his long-term technical outlooks on XRP, the token may soon enter what will become the most explosive fifth wave yet.<\/p>\n

XRP Elliott Wave Analysis: \u2018The Power Of 5\u2019<\/h2>\n

Egrag Crypto\u2019s latest technical analysis<\/a> on the social media platform X points to the fact that XRP is in the final stages of<\/a> its fourth impulse wave, which is a corrective wave based on the popular Elliott Wave Theory. Notably, this movement is now setting up for the beginning of the fifth wave, which is a bullish impulse under the same theory.<\/p>\n

Looking at previous cycles on the 5-day candlestick timeframe chart, particularly during 2017 and 2021, showed that similar setups came before massive upward surges in XRP\u2019s price. The analyst\u2019s chart displays a repeating structure of five-wave patterns, each representing major bullish impulses in the token\u2019s history.\u00a0<\/p>\n

The chart also reflects the distinct cyclical rhythm of XRP\u2019s price behavior over the years. Each major impulsive phase (waves 1, 3, and 5) has always been followed by smaller corrective waves (2 and 4), a structure that continues to repeat with precision.\u00a0<\/p>\n

The overlapping bands in cyan and pink, representing exponential moving averages, now point to XRP consolidating within a strong support region around $2.20, which indicates that the fourth impulse wave is coming to an end.<\/p>\n\n

XRP Technical Analysis: Source @egragcrypto on X<\/a><\/p>\n

Analyst Says Don\u2019t Fight It<\/h2>\n

By Egrag Crypto\u2019s measure, the ongoing consolidation might be setting the stage for a similar move to<\/a> double-digit prices if the fifth wave unfolds as projected.<\/p>\n

The visual projection marks potential Fibonacci extensions of 1.272, 1.414, 1.618, and 2.618 at $4.789, $5.515, $6.755, and $18.259 as possible long-term targets once the fifth wave takes hold. These levels may act as resistance points in the impending bull phase because they resemble the wave geometry that drove XRP\u2019s earlier rallies in 2017 and 2021.<\/p>\n

Interestingly, the analyst also referenced how skepticism often peaks before<\/a> major rallies. He reminded followers of a trader who lost $30 million shorting XRP during its last major uptrend in 2024. As such, the analyst concluded by urging traders not to \u201cfight the fifth wave\u201d but to \u201cride it.\u201d\u00a0<\/p>\n

At the time of writing, XRP is trading at $2.27, down by 1.6% and 9.2% in the past 24 hours and seven days, respectively.\u00a0<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action, […]<\/p>\n","protected":false},"author":0,"featured_media":111660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111659"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111659"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111660"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}