As Ripple’s prolonged legal battles begin to ease, renewed optimism is surging among analysts and traders regarding the future of XRP. One market expert has spotlighted the cryptocurrency’s potential to skyrocket by 13 times its current value, predicting a possible climb to the $30 mark within this market cycle.
This ambitious forecast is grounded in a technical analysis based on the Elliott Wave theory, a well-regarded method among seasoned traders. The analyst’s insights, shared through an examination of a monthly Heikin-Ashi chart dating back to 2014, suggest that XRP has successfully navigated through the first four waves of a classic Elliott Wave formation. Now, the cryptocurrency appears poised to embark on the fifth and typically most aggressive wave of the cycle.
The study identifies XRP’s extended period of sideways trading as indicative of a Wave 4 correction—a phase known in Elliott Wave theory to often precede a powerful upward impulse. This analysis is not isolated; respected figures like Davinci Jeremy have also forecasted significant gains for XRP, with targets of $20 and higher.
Several factors are seen as potential triggers for such a dramatic price escalation. Chief among them are improving macroeconomic conditions in the broader cryptocurrency market and the growing likelihood of XRP-based Exchange-Traded Funds (ETFs) being approved across various global jurisdictions.
In addition, clarity surrounding Ripple’s legal dispute with the U.S. Securities and Exchange Commission (SEC) is expected to play a crucial role. Furthermore, the accelerating trend of asset tokenization could drive greater demand for efficient settlement solutions, an area where XRP has clear advantages due to its speed and low transaction costs.
The projected timeline for this upward trajectory spans from late 2025 through mid-2026, indicating a gradual, sustained rally rather than an immediate spike. Analysts caution investors to maintain prudent risk management strategies and establish clear exit plans to navigate this potential bull run effectively.
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