Peter Smith
XRP might be gearing up for its biggest move yet, at least according to one crypto analyst who's been tracking the token's Elliott Wave pattern. If you're not familiar with Elliott Wave Theory, it's basically a way traders try to predict where prices are headed by looking at repeating wave patterns.
The analyst, Steph Is Crypto, posted on X that XRP is now hitting Wave 5 – which is typically the final and most explosive part of the cycle. Looking at the chart, you can see how XRP climbed from under $0.20 all the way to around $3.00, then pulled back in what's called Wave 4. Now it's sitting near that $3.00 level again, potentially ready for the big finale.
XRP Targets Could Reach $13 or Higher
Here's where things get interesting. The projected targets aren't just a little bump higher – we're talking about potential moves to $9, $13, or even $18 according to the chart analysis. That would be absolutely massive for XRP holders who've been waiting for the token to break out of its recent range.
The technical setup shows green candles and bullish trendlines that suggest investors are getting more confident about XRP's prospects. Trading near $3.00 right now, a move to even the lower target of $9 would represent a 3x gain from current levels.
Of course, Elliott Wave analysis isn't foolproof – plenty of predicted Wave 5 moves have fizzled out before. But when you combine it with XRP's recent price action and growing institutional interest, it's not completely crazy to think something big could be brewing.
XRP Community Buzzes About Final Push
The trader's tweet really struck a nerve in the XRP community: "The Final Wave Is Here. XRP is gearing up for its last and biggest push to new highs. Buckle up — this ride isn't for the faint of heart."
That kind of language gets people excited, especially long-term XRP holders who've been through multiple boom-bust cycles with this token. Many are now watching the $3.00 level like hawks, waiting to see if XRP can break out and confirm this Wave 5 scenario.
Technical traders are particularly focused on getting a clean breakout above $3.00 with strong volume. That would be the signal that this Elliott Wave theory might actually play out. Without that confirmation, it's just another prediction in a market full of them.
The reality is that XRP has been one of those tokens that can sit quiet for months and then explode higher seemingly out of nowhere. If this Wave 5 setup is real, we could be looking at XRP's most dramatic price movement in years. But as always in crypto, nothing's guaranteed until it actually happens.
Peter Smith
