The crypto world is buzzing again — and this time, it’s XRP stealing the spotlight. Renowned cryptocurrency analyst Mr. Xoom has issued a bold market outlook, declaring that XRP may be entering the fifth and final phase of its current Elliott Wave cycle. If his analysis is correct, the stage is set for a dramatic bullish climax.
From Third Wave Glory to Fifth Wave Momentum
According to Xoom, XRP has already conquered the powerhouse third wave, the phase that often delivers the most dramatic gains in Elliott Wave theory. The numbers speak for themselves: XRP rocketed from just $0.50 in early November to a staggering $3.39 by late January — a jaw-dropping 575% surge.
The inevitable cooldown came in the fourth wave, as markets paused for breath. XRP dipped below $2, bottoming at $1.60 in April. Far from a collapse, analysts saw this as a healthy consolidation, paving the way for the next big push.
The Fifth Wave Ignites
From the April low, XRP came roaring back. In mid-July, it reached $3.66 — its highest level in nearly eight years — before settling around $3.21 today. This rebound, representing a 129% climb from the April bottom, has kept bullish sentiment intact and set the stage for what could be a historic rally.
The Big Question: $7, $10… or Even Higher?
Mr. Xoom is eyeing a fifth-wave target between $7 and $10 — an increase of 120% to 215% from current levels. At $7, XRP’s market cap would rival global financial heavyweights at $415 billion. At $10, it would soar to $600 billion, putting it in the same league as Visa.
Other analysts share the optimism. In April, XForceGlobal, Korea’s first certified Elliott Wave analyst, forecast XRP breaking $10 or higher, citing a completed WXY corrective structure. In June, analyst EGRAG combined Elliott Wave theory with Fibonacci extensions to target $9–$10, with a “moonshot” scenario of $27 if bullish momentum goes into overdrive.
The Consensus is Clear
Multiple expert projections now align: XRP is in the final stretch of a powerful Elliott Wave cycle, and the next few months could determine whether it delivers on its long-awaited breakout.
For traders and investors, the fifth wave may not just be another rally — it could be XRP’s defining moment in the crypto market.
Current Price: $3.2447 (+3.37%)
#BinanceAlphaAlert #XRP #BinanceAlphaAlert #XRP #XRPRealityCheck