Cryptocurrency analyst Mr. Xoom has shaken up the market with a bold forecast — XRP may have entered the fifth and final phase of its current Elliott Wave cycle. While some traders remain doubtful, Xoom argues the third wave has already played out and #XRP is now riding the decisive fifth wave, often considered the grand finale of a bullish rally.
From $0.50 to $3.39: The Third Wave Explosion
Xoom’s breakdown revisits #XRP ’s dramatic run through the cycle. The third wave, typically the most aggressive in Elliott Wave theory, saw XRP skyrocket from $0.50 in early November to $3.39 by late January — a jaw-dropping 575% gain. True to form, this wave delivered the cycle’s most explosive move.
The Fourth Wave: Cooling Before the Storm
Following that surge, #XRP entered a consolidation phase, retracing from its $3+ highs to $1.60 in April. This pullback, analysts suggest, acted as a necessary reset — preparing the stage for the final push.
The Fifth Wave Takes Off
From its April low, XRP reignited momentum, climbing to $3.66 in mid-July, its highest point in nearly eight years. Even after easing to $3.21, the technical structure remains bullish, with Xoom projecting a climb to $7–$10 — representing a 120% to 215% potential upside from current levels.
At $7, #XRP ’s market cap would approach $415 billion, rivaling the largest publicly traded companies. At $10, it could hit $600 billion, placing it alongside global payment giants like Visa.
Consensus Among Analysts
Xoom isn’t alone. In April, Korea’s first certified Elliott Wave analyst XForceGlobal predicted XRP could surpass $10, citing the completion of a WXY corrective structure. In June, analyst EGRAG merged Elliott Wave theory with Fibonacci projections, targeting $9–$10, with a stretch goal of $27 if bullish momentum accelerates.
The Final Countdown
With multiple experts aligning on an imminent fifth-wave breakout, sentiment is building that #XRP is entering the closing chapter of a powerful rally. Whether it fulfills these lofty targets remains to be seen — but for now, the market’s attention is firmly locked on XRP’s next move.