Several technical analysts are looking at the $15 region as a realistic upside objective for XRP, contingent on structural confirmation rather than speculative optimism.
EGRAG Crypto frames the outlook through Elliott Wave structure, arguing that the initial 814% expansion qualifies as a textbook impulsive Wave 1, marked by strong momentum and disciplined channel respect. The current retracement lies within typical Wave 2 parameters, commonly 50 to 61.8%, with deeper pullbacks still historically valid in crypto markets.
Moreover, XRP’s price remains within the broader macro channel, so the count is not invalidated. However, it’s not yet safe to assume Wave 3. Confirmation of this phase requires a weekly close above the Wave 1 high and expanding momentum. Without that structural reclaim, the move will stay corrective.
However, the analyst believes that if Wave 3 triggers, projected targets span $15 to $25, although confirmation precedes conviction.
That said, Javon Marks suggests that XRP’s measured move above $15 remains intact, citing the late-2024 breakout as the groundwork for a potential tenfold advance exceeding 900%.
Meanwhile, CryptoInsightUK highlights an improving short-term structure, noting that a decisive close above $1.50 would materially strengthen the bullish case and reduce the likelihood that the rally is purely open interest-driven.
At the time of writing, XRP rose 0.44% in 24 hours to $1.40, supported by the market’s rebound, short squeeze dynamics, renewed institutional ETF inflows, and a new cross-border payments research partnership. Holding above $1.40 keeps $1.50 in focus, while failure risks a retreat toward $1.30 or $1.31 near key Fibonacci support.
Nevertheless, market sentiment remains fragile, with the Fear and Greed Index at 16. For now, volume sustainability above $4.4 billion and a confirmed structural breakout will determine whether $15 evolves from projection to probability.
Source: https://zycrypto.com/ripples-xrp-explosion-in-the-cards-as-pundits-reveal-interesting-possibilities/
