XRP Price Consolidation Nears End, $5 Finally in SightXRP remains bullish above $1.21; analysts say wave 5 could take price to $5.65 or even $6.60 if key supports are respected.

Analyst Dark Defender calls this XRP's “Final Consolidation” as breakout targets at $3.75 and $5.85 come into focus.

XRP is holding steady above a key support range between $1.21 and $1.55, keeping hopes alive for a strong move to the upside. According to market analysts, this area is critical. As long as XRP stays above $1.21, the overall bullish structure remains intact.

The recent price pullback is being seen as part of a normal wave pattern—specifically, wave four in a five-wave structure. If this pattern plays out, XRP could soon enter wave five, which might take the price as high as $5.65 or even $6.60. 

Short-Term Structure Points to Key Decision Levels

But for this to happen, XRP must avoid slipping below $1.21. If it does, a deeper drop could follow, possibly testing lower support levels between 88 cents and 61 cents. However, most analysts believe such a deep correction doesn’t align well with the bigger market picture.

The next big test will be whether XRP can stay above the $1.82 level. If that support holds and the price breaks above the recent high of $2.13 set on April 16, it could be the start of the next strong leg up. In that case, XRP may head toward the $2.46 mark and beyond.

The recent price pullback is being seen as part of a normal wave pattern—specifically, wave four in a five-wave structure. If this pattern plays out, XRP could soon enter wave five, which might