Ethereum’s price stands at $4,403 on Aug. 12, 2025, at 10:45 a.m. Eastern 
time, supported by a market capitalization of $530.27 billion and a 24-hour 
trading volume of $43.98 billion. The day’s intraday range spanned $4,196 to 
$4,435, underscoring heightened volatility as traders tested key resistance 
levels. Ethereum On the daily chart, ethereum (ETH) maintains […]

Ethereum Price Watch: Ether Bulls Focus in on $4,500 as Market Momentum Builds

The XRP price action is unfolding in line with a textbook Elliott ABC Wave 
pattern, signaling the potential for its next upward move. According to crypto 
analyst Dark Defender, the chart structure remains intact and could set the 
stage for a major rally if the current corrective phase completes as 
projected. ABC Wave Pattern To Drive XRP To New Highs In Dark Defender’s 
latest XRP price analysis, the crypto expert outlined a clear Elliott Wave ABC 
structure on a 4-hour chart, suggesting a potential price surge to new highs 
if the formation completes. The setup began forming in July 2025 after XRP 
reached $3.66, marking the starting point for the corrective pattern on the 
“Dark’s Side” chart. From there, the price began retracing toward the 
anticipated $2.85 level, successfully establishing Wave A in line with the 
forecast. Related Reading: Analyst Outlines How Production Cost Determines XRP 
Price, But Is It Better Than Bitcoin? By early August, XRP rebounded, climbing 
to $3.33 to form the B Wave top. As a result, Dark Defender’s chart structure 
remains intact, with the cryptocurrency now positioned in the Wave C phase. 
The analyst’s projection anticipates a price decline completing this 
corrective leg before XRP can initiate the next significant upward move. Dark 
Defender’s chart also highlights critical price interaction points, including 
exact hits at $3.333 and $3.364 before a rebound. In addition, XRP’s Relative 
Strength Index (RSI) movements align closely with the wave progression, 
showing dips at key reversal points and its current momentum staying within 
the expected zone. According to this wave framework, the next phase hinges on 
whether XRP can maintain its structure through the end of the corrective 
cycle. If it does, Dark Defender suggests that the technical setup could open 
the path for significant upward momentum, potentially positioning the 
cryptocurrency for its next bullish leg. The trajectory of the green arrow in 
the chart indicates a possible price rally above $3.8. With XRP trading at 
$3.14 as of writing, this would represent a significant price increase of over 
21%. XRP Price Eyes $5.8 Breakout After Bounce In a follow-up post, Dark 
Defender noted that XRP bounced precisely from the $3.333 level before 
resuming its upward movement. This bounce occurred after the Elliott Wave 
corrective structure pushed prices down from recent highs. Related Reading: 
XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed 
Next At the time of the analysis, XRP was trading near $3.06, positioned 
within a consolidation range that could extend toward the $3.05 area if $3.33 
remains a barrier. As mentioned earlier, XRP’s price chart shows an ABC 
corrective wave in play, with the cryptocurrency now in the middle of the ‘B’ 
leg’s development. If the $3.33 resistance is decisively cleared, the analyst 
projects a rapid acceleration toward higher short-term targets at $4.39 and 
$5.85. At current market prices, this would represent a significant surge of 
roughly 39.8% and 86.3%, respectively. Dark Defender also notes that support 
remains firm at $3.05 and $3.00, marking key levels where buyers are expected 
to step in should prices retrace. Featured image from Getty Images, chart from 
Tradingview.com

XRP ABC Wave Shows How High The Price Will Go If This Structure Holds

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