$XRP Price Prediction 2025: Elliott Wave Formation Signals Bullish Breakout Potential

XRP's price action in 2025 appears to be unfolding within a classic Elliott Wave pattern, with Wave 3 currently forming as bullish momentum builds. After a period of consolidation, XRP has broken out of a bullish pennant pattern, indicating the potential for a sharp upside continuation.

This year, XRP surged to $2.60—its highest since March 3—marking a 60% gain from its yearly low. The breakout aligns with the technical forecast of Wave 3, typically the strongest in an Elliott sequence. This rally is further supported by growing expectations that the SEC will approve spot XRP ETFs, with Polymarket showing over 80% odds for approval—a major catalyst that could fuel further gains.

Trade Idea: Long $XRP

A confirmed pennant breakout with ETF optimism and Wave 3 expansion suggests XRP could target higher resistance levels later in 2025. Keep an eye on volume spikes and retracement zones for optimal entry points.