
{"id":116551,"date":"2025-11-28T19:16:37","date_gmt":"2025-11-28T19:16:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=116551"},"modified":"2025-11-28T19:16:37","modified_gmt":"2025-11-28T19:16:37","slug":"ripple-wave-5-starting-breakout-could-send-xrp-above-5","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=116551","title":{"rendered":"Ripple Wave 5 Starting? Breakout Could Send XRP Above $5"},"content":{"rendered":"<p>XRP is showing signs of a possible new wave in its market structure. Technical indicators and chart formations are aligning with a potential upside move.<\/p>\n<p>Analysts are watching for confirmation as price action approaches critical resistance levels.<\/p>\n<h2>Signs of a New Wave Structure<\/h2>\n<p>Analyst Dark Defender noted that XRP has completed its monthly Wave 4 correction based on Elliott Wave Theory. The last move in the ABC correction ended near $1.88, aligning with the 161.8% Fibonacci extension. This level often marks the end of corrective phases.<\/p>\n<p>The asset is now approaching a descending resistance line. A confirmed breakout above this trend, combined with a move past $2.22, could mark the beginning of Wave 5. According to Dark Defender,<\/p>\n<p>XRP has completed the Monthly Wave 4 Structure.<\/p>\n<p>Now we see the signs of Wave 5 as initial steps.<\/p>\n<p>After breaking the yellow trend resistance, things will quickly escalate above $3.01.<\/p>\n<p>Have an excellent weekend. <a href=\"https:\/\/t.co\/ProZaYz6z8\">pic.twitter.com\/ProZaYz6z8<\/a><\/p>\n<p>\u2014 Dark Defender (@DefendDark) <a href=\"https:\/\/twitter.com\/DefendDark\/status\/1994358101718221289?ref_src=twsrc%5Etfw\">November 28, 2025<\/a><\/p>\n\n<p>This level corresponds to the 70.2% Fibonacci retracement. A further breakout could bring long-term targets near $5.85 into focus, based on the 261.8% Fibonacci extension.<\/p>\n<h2>Bullish Patterns on Shorter Timeframes<\/h2>\n<p>XRP has also shown strength on the 4-hour chart. Analyst CryptosBatman shared that the asset recently broke out of a bullish pennant formation. The move followed a recovery of the $2.15 support zone, which had previously acted as resistance. The breakout suggests increased buying activity. If this holds, near-term targets between $2.30 and $2.60 are in <a href=\"https:\/\/cryptopotato.com\/xrp-breakout-loading-all-eyes-on-the-crucial-2-60-level\/\">view<\/a>.<\/p>\n<p>Another analyst, ChartNerd, <a href=\"https:\/\/x.com\/ChartNerdTA\/status\/1994318173168934965?s=20\">pointed out<\/a> that XRP is forming a rectangular bull flag. This pattern shows the price consolidating within a horizontal range after a sharp move up. A breakout above the resistance zone would project a target near $24 based on the flagpole\u2019s height.<\/p>\n<h2>On-Chain Data Shows Whale Distribution<\/h2>\n<p>On-chain data from Santiment reveals large selling activity by whale wallets. Addresses holding between 1 million and 10 million XRP offloaded over 2.2 billion tokens in the past month. According to Steph Is Crypto, this was the largest drop since March 2023. Recent <a href=\"https:\/\/cryptopotato.com\/460000000-xrp-moved-in-4-days-bull-trap-or-breakout\/\">updates<\/a> also show that 460 million XRP were sold in just four days. Whales moved nearly 1.5 billion XRP throughout the month, including 180 million earlier this week.<\/p>\n<p>Despite these movements, the token has seen a mild rebound in recent days. However, whale holdings remain near their lowest levels. Binance reserves have also dropped to 2.7 billion XRP, the lowest in over a year. Around 300 million XRP <a href=\"https:\/\/cryptopotato.com\/binance-xrp-reserves-sink-to-all-time-low-good-or-bad-for-ripples-price\/\">have left<\/a> the platform since October. These shifts reflect large-scale distribution and possible caution among major holders.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-wave-5-starting-breakout-could-send-xrp-above-5\/\">Ripple Wave 5 Starting? Breakout Could Send XRP Above $5<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP is showing signs of a possible new wave in its market structure. Technical indicators and chart formations are aligning with a potential upside move. Analysts are watching for confirmation as price action approaches critical resistance levels. Signs of a New Wave Structure Analyst Dark Defender noted that XRP has completed its monthly Wave 4 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":116552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116551","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\/116551"}],"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=116551"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116552"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}