XRP consolidation pattern echoes 2017 structure as analysts eye Wave-5 rally toward $5.85

XRP is trading near $1.38 after several months of sideways consolidation that some analysts interpret as the end of a prolonged correction. They argue the current structure closely resembles the setup before the 2017 surge and suggest a Wave-5 breakout could target around $5.85. Additional projections outline possible resistance around $1.88, $2.35 and above $3, with more optimistic scenarios extending as high as the $20 region.