XRP Completes Bearish Wave Sequence: Here are the Next Targets

XRP analysts Dark Defender and EGRAG flag key support levels and macro targets as price trades at $1.16 following a completed 5-wave decline.

XRP is trading at $1.16 after a 1.56% gain in the last 24 hours and a 5.59% weekly rise, per CoinGecko data. The token is drawing renewed attention from technical analysts. 

Crypto analyst Dark Defender flagged a completed five-wave bearish impulse on the 10-day timeframe. 

EGRAG CRYPTO also weighed in with a macro-structural read on the asset. Both analysts see a critical inflection point forming.

XRP Elliott Wave Structure Points to $1.88

Dark Defender posted an update on the 10-day chart, identifying the five-wave bearish sequence as complete. 

According to the analyst, price has bottomed in the $1.09 to $1.13 support band. 

That zone aligns with a higher-timeframe demand area and a prior liquidity sweep, factors that typically mark the end of a wave cycle.

A descending trendline from prior highs has since broken down, which the analyst reads as a weakening downtrend. 

Dark Defender labeled the emerging structure as a “new structure,” suggesting the start of a fresh bullish impulse cycle. 

The analyst listed $1.21, $1.47, and $1.88 as resistance levels on the way up, with $3+ as a longer-term continuation target.

Hi all! Let's update the 10-Day time frame!

We see #XRP has completed the 5 Wave down and is looking forward to a move with a new structure to force the $1.88 level and then towards $3+

Supports: $1.13, $1.09
Resistances: $1.21, $1.47, $1.88, $3+

Enjoy your weekend! pic.twitter.com/aGhKCSUqBF

— Dark Defender (@DefendDark) June 13, 2026

On Fibonacci terms, $1.21 marks the 23.6% retracement and serves as the first test of reversal strength. The $1.31 to $1.47 range covers the 50% to 85.4% zone, a mid-range area where supply could trigger consolidation or rejection. 

The analyst pegs $1.88 as the 161.8% extension level and the key structural confirmation target. A breach of $1.09 invalidates the entire bullish read.

Read Also:

XRP Rebounds Above $1.10, But Faces a Critical Resistance Test

EGRAG CRYPTO Flags Bubble 3 as the Macro Launchpad

EGRAG CRYPTO approached XRP from a longer timeframe, mapping three major macro bubbles across the asset’s price history. Bubble 1 served as the first macro base, Bubble 2 as a re-accumulation phase, and Bubble 3 as the current zone, which EGRAG labels the “launchpad.”

The analyst framed the situation around three conditions: holding Bubble 3 support, respecting the 77 and 111 exponential moving average structure, and reclaiming the $1.65 level. 

EGRAG argued that meeting those conditions clears the path toward upper resistance and eventually activates the macro target of $15, illustrated by a blue arc on the chart.

EGRAG noted that $15 is not a hope-driven target but a structure-dependent one. Losing Bubble 3 on a monthly close, the analyst warned, would push the market into a longer consolidation phase before any meaningful upside resumes.

#XRP Bubble 3 Is The Battlefield 🫧🎯:

Fellow #XRP holders, zoom out.

This chart is showing a macro bottoming structure through 3 major bubbles:

1️⃣ Bubble 1 = first macro base
2️⃣ Bubble 2 = re-accumulation base
3️⃣ Bubble 3 = current launchpad zone

The key now is simple:… pic.twitter.com/zO7JaAT7O7

— EGRAG CRYPTO (@egragcrypto) June 13, 2026

XRP Price Holds Support as Analysts Watch Key Levels

At $1.16, XRP sits just above the lower end of Dark Defender’s critical support band. 

The 24-hour trading volume stands at $1.25 billion, per CoinGecko. That volume reflects active market participation at a level both analysts consider decisive.

Dark Defender’s short-term bias leans bullish, but only with acceptance above $1.21 and then $1.47. 

EGRAG’s macro view stays constructive as long as Bubble 3 holds and $1.65 reclaim follows. 

Both readings put the current price zone at the center of near-term price discovery for XRP.