A well-known analyst going by the name Dark Defender just shared a chart that lays out a bold new price path for XRP – and if it plays out, we could be looking at $6.30 in the not-so-distant future.
Yeah, really.
Let’s break it down and look at what this chart is telling us.
What you'll learn 👉
XRP Price: Resistance Hit, Correction Nearing the End?
In the tweet that came with the chart, Dark Defender pointed out that XRP ran into resistance at $2.22 and $2.36 – just like he expected. The price pulled back after that and touched $2.13, showing that those resistance zones are still strong for now.
But the correction may be almost done. According to his chart, XRP is in the final part of Wave (4), which is a typical pullback before the next big move starts. The key support zone to hold? $2.00, with a deeper support level at $1.88.
As long as the XRP price stays above that, the structure stays intact – and the next wave higher could begin soon.
The 5-Wave Structure Toward $6.30
Dark Defender’s chart is built on Elliott Wave Theory, a method that maps out price cycles based on investor behavior. He says we’re now entering Wave (5), the final wave of the current bullish structure – and this one is expected to be big.
Inside that wave, there are five smaller sub-waves that could play out like this:
| Wave | Target Price | Description |
|---|---|---|
| Wave 1 | $3.00 | Initial breakout from correction |
| Wave 3 | $4.40 | Strong bullish move after pullback |
| Wave 5 | $6.30 | Final surge to new highs |
This whole sequence could unfold over the next few months, possibly stretching into late 2025.
It’s not a straight shot, of course. Each wave comes with its own pullbacks and consolidation zones. But the overall pattern is clear – the analyst sees a strong bullish trend forming.
Read also: XRP Value When Ripple Beats the SEC and Regains Top 3 Position
Why $6.30?
The $6.30 target comes from a 261.8% Fibonacci extension measured from earlier wave moves. These kinds of targets are common in Elliott Wave setups, especially during Wave 5 rallies. It also happens to be a level that would send XRP well into new all-time high territory.
If XRP follows this path, it would break past its 2018 and 2021 highs and possibly flip sentiment across the entire crypto space.
What Needs to Happen
First, XRP needs to hold above $1.88 and ideally stay strong above $2.00. If it starts pushing back toward $2.30–$2.40, that could be the sign that Wave 5 is kicking off.
The volume will need to support the move, and broader market conditions (like Bitcoin and ETH strength) will play a role too.
But now that the SEC case is behind Ripple and the chart structure is setting up, the timing couldn’t be better for a bullish push.
Dark Defender has been tracking XRP’s waves for a while, and this latest prediction is rooted in structure and past behavior – not hype.
Whether the XRP price actually makes it to $6.30 remains to be seen. But if it breaks through resistance soon and the wave count plays out, things could get very interesting.
And if that happens, you’ll be glad you were paying attention now – not later.
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