Analyst and trader EGRAG CRYPTO has shared a bold projection for XRP’s future price, suggesting an explosive rally driven by Elliott Wave Theory. He outlined a potential five-wave structure that could see XRP reach a price beyond $20.
The analysis is based on past price movements, market psychology, and mathematical calculations rather than speculation. Investors are closely watching whether XRP can follow this projected trajectory.
What you'll learn 👉
Elliott Wave Analysis and XRP Price Forecast
EGRAG CRYPTO’s analysis breaks down XRP’s potential movements into five distinct waves. The first wave recorded a 510% surge, forming the foundation for subsequent calculations.
Currently, XRP is in Wave 2, which involves a correction phase before another upward move. According to the trader, this phase could see XRP dip below $1.77 before a temporary rise to around $3.7 to $3.9, setting a possible bull trap.
#XRP – Projecting Wave 5 (Target Range: $20 – $66):
— EGRAG CRYPTO (@egragcrypto) March 1, 2025
🟣A Detailed Elliot Wave Count Analysis #XRP:
My analysis is grounded in mathematical principles rather than speculative hype. Let me show you how the Elliott Wave Theory is forecasting #XRP $20-$66.
🟣 Wave 1:
This initial… pic.twitter.com/D04IpqPIcp
Wave 3 is expected to be the most impulsive, aligning with Elliott Wave Theory, which suggests it could extend by 800% to 1000%. If this projection holds, XRP could hit $17 to $20 during this phase.
Wave 4, a corrective pullback, might see XRP retrace between 14.6% and 38.2%, positioning it between $6 and $7 before the final leg of the rally.
Read also: How Bitcoin Price Has Performed in March Over the Years: A Full Breakdown
XRP’s Final Push in Wave 5
Wave 5 represents the last upward move in the cycle, driven by market euphoria and retail investor FOMO. However, historical patterns suggest that momentum weakens in this phase compared to Wave 3.
Based on various calculations, XRP’s price potential targets for Wave 5 range between $20 and $66.
EGRAG CRYPTO derives these targets from three key metrics. An inverse 1.236–1.618 Fibonacci extension of Wave 4 places XRP at $20-$29, an equal percentage gain to Wave 1 projects $44, and a 61.8% combination of Wave 1 and Wave 3 growth points to $66.
Despite these bullish estimates, some market participants remain skeptical about XRP reaching such highs in the current bull cycle.
While EGRAG CRYPTO’s projection follows Elliott Wave principles, the likelihood of XRP reaching $20 or higher anytime soon seems off the mark. Market conditions, regulatory developments, and liquidity play a role in determining price action. Hence, XRP could see major gains, but the higher targets may be unrealistic within the current bull run.
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