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XRP may be ending a correction phase, eyeing a bullish rally up to $18, says analyst.

Analyst Insights
30 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

Analyst Dark Defender suggests XRP is completing a major corrective phase (Wave 4) and could soon enter a strong bullish Wave 5 cycle. Key resistance levels to watch are $2.90, $5.86, $9.04, and $18.23, with XRP currently trading around $1.08. This technical outlook is supported by Ripple's growing institutional partnerships and adoption, especially strong demand from South Korean retail investors. If XRP holds support and breaks above $1.10, it may signal the start of a new macro uptrend toward the $18 target over time.

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