XRP Price Prediction: $5+ ATH Incoming? Experts Weigh In
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Crypto analysts XForce and CasiTrades offer contrasting yet complementary perspectives on XRP's price trajectory. XForce, employing a 5-wave Elliott Wave analysis, predicts a significant XRP rally. His bullish outlook projects a Wave 3 surge above $5, potentially reaching $13 by year-end or early next year, followed by a minor correction to around $5 (Wave 4), and culminating in a Wave 5 rally to approximately $25. He emphasizes the accuracy of the current price action aligning with his predictions and highlights the minimal margin of error in the macro direction. While acknowledging a more conservative scenario of a rally to $4 (still representing a new all-time high), XForce remains steadfastly bullish unless the market invalidates his analysis. Meanwhile, CasiTrades focuses on XRP's consolidation phase, suggesting it's nearing its peak. She anticipates either an explosive breakout or a final drop to support levels ($2.01, $1.90, $1.55) before a significant upward movement. These support levels, she clarifies, are not bearish targets but rather momentum zones facilitating a Wave 3 rally. Currently trading around $2.16, XRP's price action remains pivotal, with the $2.25 level serving as a key resistance point. Both analysts, despite their differing approaches, converge on a bullish outlook for XRP, predicting new all-time highs within the current market cycle. The confluence of these expert opinions paints a compelling picture of significant potential for XRP price appreciation in the near future.
(Source: https://www.newsbtc.com/analysis/xrp/xrp-5-wave-above-5/)
