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Ripple’s XRP, one of the most efficient cryptos last year, is negotiated between $ 2.15 and $ 2.30. The current token price is far from its 52 -week higher $ 3.38 on January 17, which was stimulated by the excitement of the industry about the re -election of US President Donald Trump.
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Although XRP joins the downward trend in the wider market of cryptography, some commentators and analysts expect Ripple to be due for a major rally. According to Crypto Egrag Crypto analyst, Ripple’s XRP is defined for another prize after comparing the current Elliot wave structure with its 2017 fractals.
XRP continues to resist the storm
The latest analysis and projection of EGRAG CRYPTO prices for XRP come while Altcoin and the broader drop in the cryptography market. The undulation medal is held above the critical price of prices at $ 2, which suggests that it follows the wide graphic of the Elliott waves with five waves. Traditionally, active ingredients reproducing the structure of Elliott waves often cause significant price action.
#Xrp = Thread (1/7) #Xrp: Two -digit this cycle, triple figures then!
The thread below #Xrp was shared in the subscriber section on February 12, 2025.
We have built the full number of Elliot waves together to assess our next targets: 🎯✨
Take a deep look! 🔍… pic.twitter.com/nkv00y5mzd
– Egrag Crypto (@egragcrypto) March 12, 2025
Based on Egrag’s evaluation, XRP is currently in the second wave of the structure of Elliot waves, which is traditionally defined by volatility and high prices corrections.
Traders and investors must pay attention to the largest wave structure
In an article Twitter / X, Egrag explained that XRP is in its corrective wave two and is started for a two -digit price or even more than $ 100.
Analysts developed that a wave 2 often retraces part of the wave 1, generally corresponding to 50%, 76% or even 85.4% of the initial movement. The XRP of Ripple, he shares, solidifies his socket in the correction phase.
The asset faces a downward pressure, and the market can expect a double background shortly before it moves in its wave 3. EGRAG warns that wave 3 is the most aggressive part of the cycle, with more volatility.
Can XRP reach $ 100 or more?
Previously, the WAVE 1 model from XRP submitted a huge increase of 733% of the price. And using the Elliot Wave Extension formula, the popular analyst plans that the Vague 3 of XRP can extend the gain of the first wave from 1.618x. Using this calculation, Egrag offers a potential overvoltage of 1,185 times, translating by the XRP price range between $ 22 and $ 24.
Once XRP reaches the peak of the 3 wave, the fourth wave and a price correction follows. For this salary, the level of retrace varies between 14% and 38.2% of the wave 3. If this occurs, Egrag predicts that the price of XRP can drop to $ 8.
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Wave 5 of the Elliot Suit wave, where the price can be predicted using three methods. First, if the price of XRP increases between 1.236% and 1.618%, the price of the assets can reach between $ 32 and $ 48. Second, if the wave 5 reproduces wave 1, the price can be between $ 60 and $ 70. Third, if there is an extension of 61.8% of the movements of waves 1 and 3, there is a chance that the price of XRP can reach $ 100.
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