XRP Reclaims $1 as Conflicting Wave Counts Split the Outlook
XRP price climbed roughly +15% overnight to trade near $1.15, reclaiming the psychologically important $1 level after weeks of chop, and XRP analyst Dark Defender argues the move confirms a completed โtriple dipโ on the weekly chart.
The call comes with eye-catching Elliott Wave targets of $5.8563 and $9.0362, numbers that demand scrutiny given how far removed they are from the spot price and how thin the confirmation actually is.
XRP Price Analysis: The Triple-Dip Case and Its Speculative Ceiling
Before XRP can test those numbers, it needs to clear a stack of resistance: roughly $1.20โ$1.30, then $1.50, then $1.88, each a prior structural pivot on the weekly chart.
Holding $1 is treated as the line in the sand; a close back below it would undercut the entire Wave 5 premise the setup depends on, which is the same level recent XRP price analysis flagged as the pivotal test before any bounce could be trusted.
