A fresh XRP price prediction anticipates a dynamic surge to $5.85 within the week, based on Elliott Wave Theory and pivotal technical markers. A prominent analyst, Dark Defender, highlights a symmetrical triangle pattern breakout that supports this forecast.
On January 26, Dark Defender predicted XRP reaching $5.85, signifying a 261.8% rise, and ultimately targeting $18.22 as the cycle's final phase.
Despite facing a recent 10.3% drop due to bearish influences, analysts maintain bullish expectations for XRP, with speculation of potentially surpassing Bitcoin. The breakout is expected within 16 to 20 hours of analysis.