XRP Bulls Eye $18 as Analyst Maps Path to Macro Rally

XRP's long-term outlook is gaining attention as market analyst Dark Defender suggests that the cryptocurrency may be nearing the end of a major corrective phase, potentially paving the way for its next macro rally.

The analysis, based on Elliott Wave theory, indicates that XRP is completing a macro Wave 4 correction. This phase is traditionally followed by a strong Wave 5 impulse, which could propel XRP into a new bullish cycle with progressively higher price targets.

According to the analyst's projections, four key upside milestones are at $2.90, $5.86, $9.04, and $18.23. These levels represent potential resistance zones that XRP could test as the broader uptrend develops.