XRP Momentum Shift Indicates Target of $5.85
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Momentum Shift: Dark Defender's analysis indicates a momentum reversal for XRP on the 3-day chart, with the RSI golden cross suggesting that the price could break out of the current consolidation range, potentially driving it towards a target of $5.85.
- Structure Completion: The completed 3-wave corrective structure shows XRP stabilizing in the $1.88 to $2 range, indicating that the corrective phase may have ended, which could enhance investor confidence and lead to a strong rebound.
- Long-Term Target: The analyst has reiterated the $5.85 target multiple times, anticipating a sharp advance once the price clears the current consolidation range, reflecting a bullish sentiment towards XRP in the market.
- Market Reaction: XRP's price behavior demonstrates stabilization rather than continued decline, supporting the analyst's view that the asset is entering its final wave, which may attract more investor interest.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
