XRP Consolidation About To Reach A Bottom, Wave 5 Says $5.85 Is Coming

XRP is still in consolidation mode after hitting a new seven-year high in January 2025. This consolidation has seen the price drop slowly, but steadily, losing around 40% of its value since then. Currently, bulls seem to have created support for the altcoin at $2, as this level continues to hold even through crashes. Thus, it has created the expectation that the bottom could be close for the XRP price, and this could serve as a bounce-off point source: https://www.newsbtc.com/analysis/xrp/xrp-consolidation-wave-5-5-85/