XRP Price Prediction: $20-$30 Cycle High?

XRP Price Prediction: $20-$30 Cycle High?

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Crypto analyst XForceGlobal predicts a significant XRP rally, potentially reaching $20-$30. This bullish forecast, based on Elliott Wave Theory, suggests XRP is in the final stages of a corrective wave before a multi-leg impulsive rally. The analysis highlights a complex WXY structure in XRP's price action, with a key Fibonacci support zone between $1.60 and $1.90. A break below $1.618 would invalidate this prediction. Intermediate targets include surpassing $5 in Wave 3, followed by a pullback and a final push toward $6 or more. The long-term wave map points to a parabolic cycle top between $20 and $30, potentially extending into 2026. XForceGlobal emphasizes the resilience of the XRP community, which has endured regulatory battles and market crashes, creating a base of “battle-tested veterans” less susceptible to fear-driven selling. This resilience, combined with the technical analysis, contributes to the optimistic outlook. While the prediction is ambitious, given XRP's historical performance and ongoing community skepticism, the analyst's confidence is rooted in the technical indicators and the community's proven fortitude. The timeline suggests a gradual climb, with intermediate targets achieved before the ultimate cycle high is reached. This makes the prediction less of a sudden spike and more of a long-term growth trajectory.

(Source: https://www.newsbtc.com/analysis/xrp/xrp-cycle-high-at-20-30/)

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