Is XRP Ready to Take Off? The New Model Suggests a Big Jump to 3.33 USD

XRP is drawing attention again after recent price action that aligns with the technical pattern followed by many. According to market analyst Dark Defender, this token has completed a significant wave pattern on the 4-hour chart, signaling a potential bullish move. The analyst revealed on X that XRP previously surged to $2.59 before dropping to $2.36, forming what he describes as wave A of a three-wave sequence. This volatility aligns exactly with expectations for the early stage of the bullish setup. Now, the attention shifts to wave B and the potential for a strong continuation towards wave C. If the pattern unfolds as expected, XRP could rise to a target of $3,3333, indicating a major breakout may be approaching.

Support and resistance levels also play an important role in shaping market sentiment. Analysts point out key support zones at $2,3502 and $2,2222, which could help absorb selling pressure if a short-term decline occurs. The expected resistance level is near $2,58, a level that traders believe could unlock additional profits if broken. Traders Follow Important Levels as Momentum Builds Towards a Breakout Market participants are closely following the $2.55 area as a potential turning point. A strong recovery from this level could indicate that wave B is in progress and a new advance may soon follow. Meanwhile, chart analysis continues to show higher lows, a sign that buying pressure remains strong. This supports the idea that the current consolidation phase of XRP may soon give way to a bullish breakout. At the time of reporting, XRP is trading at $2.42, marking a slight decrease of 1.65 percent in the past 24 hours. However, trading volume surged to $5.39 billion, up more than 30 percent, indicating growing interest from investors. Wave-based analysis remains a popular method to follow the potential price movements of XRP. With the current market structure showing strong signs, many traders are positioning for a breakout if the resistance level is breached. As XRP trades near a critical level, the market is following closely to confirm the next wave. A successful move above $2.58 could signal the beginning of a strong bullish rally up to $3.33, as predicted in the current technical setup.