SELECT LANGUAGE BELOW

Analyst Anticipates XRP Price Will Aim for 450% Increase to $7

Analyst Anticipates XRP Price Will Aim for 450% Increase to $7

XRP Price Predictions Point to $7 Target

Cryptocurrency analyst Diana has suggested that XRP might hit $7 this year, representing a potential increase of 450%. She pointed to some technical indicators that support this possibility, anticipating that the token could set a new all-time high.

XRP Could Surge to $7

Diana mentioned in a recent post on X that using Elliott Wave theory and Fibonacci levels indicates XRP could target that $7 mark. Currently, XRP is trading within a critical support range between $1.50 and $1.55, which buyers need to defend. If this support holds firm, analysts believe the price may rise from $1.88 to $2, possibly triggering a swift price movement.

She also touched on the various timeframes for XRP’s journey ahead. In the short term, Diana anticipates a clean breach above $2, aiming for a rise between $2.20 and $2.70, which would signal the end of the current local upward wave.

From a medium-term perspective, she notes that XRP seems to be at the start of a significant 5th wave impulse, emerging from lows observed in 2025-2026. Utilizing Fibonacci extensions, her targets range from $5 to $8, with $7 appearing as a realistic next peak.

If the momentum persists, Diana speculates that XRP could reach this milestone within the next four to eight months, with an optimistic peak possibly occurring between June and October 2026.

XRP May Prepare for a 4th Wave Increase

In another post, analyst CasiTrades expressed her belief that a 4th wave rally may soon commence for XRP, provided it maintains its current support. She identified the first resistance at $1.78, aligning with a previous support breakdown.

CasiTrades further noted that the last wave movement was notably shallow, only retracing to the 0.382 level. In Elliott Wave analysis, such shallow retracements can often precede deeper fourth wave rebounds. She suggested that this could drive a rally towards $1.93, and even up to the 0.5 retracement level at $2.03.

For success, she stated that XRP needs to reclaim the $2.03 mark and sustain it as support, avoiding any dip below $1.55, which could jeopardize the 5th wave.

As of now, XRP is trading around $1.58, having seen a decline in the past 24 hours, according to CoinMarketCap data.

Facebook
Twitter
LinkedIn
Reddit
Telegram
WhatsApp

Related News