$XRP could be entering the final stage of its current bullish cycle, according to crypto analyst Mr. Xoom.
Using Elliott Wave Theory, he believes XRP has already moved past Wave 3 and is now in Wave 5 — the last leg of the five-wave pattern.
✨ Wave 3: The Big Breakout
Wave 3 is usually the strongest rally in the cycle.
XRP surged from $0.50 → $3.39 (+575%) between November and January.
After that, a Wave 4 correction pulled the price below $2, bottoming at $1.60 in April.
🔥 Wave 5: The Final Push
Since April’s $1.60 low, XRP has rebounded to $3.66 in mid-July — the highest level in nearly 8 years.
Currently trading at $3.31, Mr. Xoom sees room for 111%–202% upside.
Price Targets:
$7 → Market cap ~$415B (near Netflix & Mastercard)
$10 → Market cap ~$600B (rivaling Visa)
📊 Supporting Analysis
XForceGlobal (April): XRP breakout to $10+ after WXY corrective pattern.
EGRAG (June): Wave 5 target $9–$10, with a possible $27 if momentum stays strong.
💎 Final Word: Wave 5 may not be as explosive as Wave 3, but it could still deliver a massive peak for this market cycle.
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