XRP Bull Market Predictions: Can the Ripple Token Reach $40? Expert Reveals Two Potential Scenarios
The long-debated journey of Ripple’s XRP appears to be approaching its climax, according to crypto analyst XForceGlobal. The latest analysis unveils two distinct paths that XRP could take, both leading to key price milestones.
For months, the conversation centered on patterns and trends, but now the focus shifts to outcomes. Investors are keenly watching XRP’s potential to hit final targets, with the analyst ranging them from $7 to $40.
What you'll learn 👉
Key Price Projections for XRP’s Bull Market
XForceGlobal shared two possible scenarios for XRP’s price movement, accompanied by detailed charts. Both paths suggest XRP is in the final stages of a primary bull cycle.
The slower route projects a more gradual rise with deeper pullbacks, creating accumulation opportunities. Conversely, the faster route predicts a swift climb to $7–$12, signaling an earlier conclusion to the bull market.
These projections align with the completion of the primary wave 5, a critical phase in Elliot Wave Theory. The targets are divided into two zones: $7–$12 and $20–$40. The analysis highlights resistance near $2.00 and key support levels below $0.30. Maintaining these support zones is crucial for either scenario to play out.
Chart 1: A Gradual Climb With Higher Rewards
The first chart outlines a slower, controlled progression for XRP. It anticipates a five-wave minor degree pattern leading to a deeper wave 1-2 pullback. This retracement is seen as a potential opportunity for long-term holders to accumulate more XRP.
While this path requires patience, it offers the chance for higher rewards, particularly if prices eventually reach the upper target zone of $20–$40.
Chart 2: A Faster Path to the Bull Market’s End
The second chart suggests a more accelerated rise, skipping the deeper wave 1-2 pullback. This would push XRP to $7–$12 more quickly, marking the end of the bull market.
However, this rapid progression leaves less room for accumulation and could limit long-term gains.
Read also: Analyst Predicts a Bullish Wave for Cardano (ADA) – Here’s Why
Optimism in XRP’s Potential
XForceGlobal remains optimistic about XRP’s outlook. Their tweet emphasizes confidence in XRP’s ability to achieve substantial gains. The analysis underscores how Elliot Wave patterns support these projections. Whatever route is decided upon, holders of XRP are preparing for what may be a turning point in the history of the coin.
At publication, XRP trades at $3.27 according to CopinGecko. The token has risen in value over the past day and week, by 5.24% and 41.30% respectively
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