- XRP’s current wave pattern mirrors 2017, pointing to a $13–$27 target by mid-2025
- Analysts expect a correction to $3.4–$5.5 before a Wave 5 rally to $120 by 2030
- Rising liquidity, CBDC launches, and ETF hopes fuel strong long-term XRP outlook
XRP is gaining fresh attention from analysts who see its current structure mirroring the 2017 bull cycle. According to top analyst EGRAGCRYPTO, XRP could surge as high as $27 in the near term before entering a longer consolidation phase. This would set the stage for a dramatic rise to $120 in the next major macro cycle.
The price currently sits at $2.16, down 5% in the last 24 hours, but still showing a 2.8% gain over the past week. With strong chart patterns, rising institutional interest, and macroeconomic shifts boosting risk assets, experts believe XRP could be on the cusp of a historic move.
Elliott Wave Patterns Point to Explosive Mid-Term Targets
EGRAGCRYPTO has identified a clear Elliott Wave pattern forming on XRP’s chart. According to his analysis, XRP is now entering Wave 3, historically the most powerful of the wave structures.
This move could peak in the $13–$27 range as early as summer 2025. Significantly, the structure bears striking resemblance to the 2017 rally, adding more confidence to the projection.
Following this surge, XRP may face a multi-year correction during Wave 4. EGRAGCRYPTO estimates this phase could last until 2028 and see prices dip to the $5.5–$3.4 range.
However, this period would likely lead into Wave 5, targeting the $120 level by the end of the decade. Notably, the analyst highlighted a “JUST DO IT” rounded bottom pattern forming, indicating strong accumulation and setting the foundation for a breakout.
Related: XRP Bulls Challenge $2.20 Resistance; Analyst’s $6 Target Now in Sight
Analyst Warns Against Selling, Sees $10 Target by End of 2025
Adding to the bullish sentiment, Edward Farina, founder of Alpha Lions Academy, also sees XRP preparing for a major move higher. He argues that the recent market slump, driven by wider economic worries, has already turned around for XRP. Farina emphasized that XRP’s chart is showing patterns that often signal the end of a downtrend.
Farina expects XRP to hit $10 before the end of 2025 and cautioned that selling XRP now could mean missing out on substantial gains later. He also pointed to global economic factors, like central banks in the U.S. and China potentially increasing the money supply, which could pump more cash into markets.
If inflation picks up again and traditional currencies lose value, assets like XRP could become much more attractive, Farina suggests.
Fundamentals Improving as SEC Case Nears End?
Beyond technicals, fundamental factors support the optimism. Ripple’s upcoming stablecoin and European CBDC developments could boost XRP Ledger activity.
Related: XRP Got Federal Clarity But New State Lawsuit vs Coinbase Adds Wrinkle
Crucially, the long-running SEC lawsuit appears near resolution; a favorable outcome could remove uncertainty and potentially enable XRP ETFs, enhancing mainstream access.
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