$XRP

A prominent Korean expert in Elliott Waves predicts that the price of Ripple will range between $10 and $40 in the coming months, reflecting potential gains of up to 1726% from current market levels.

XForceGlobal, the first certified Elliott Wave analyst in Korea, sees that the cryptocurrency has entered the completion phase of the correction cycle and is now poised for a strong breakout in an upward wave.

The technical pattern indicates the end of the downward trend.

XRP has completed what technical analysts call the "WXY corrective pattern" according to XForceGlobal. This technical pattern often indicates the end of a retracement period.

The analyst stated that wave W was the market's initial response to profit-taking after XRP's price rose sixfold. Wave X temporarily regained its upward trajectory with minimal momentum before wave Y concluded the correction with another organized downward path.

The cryptocurrency dropped approximately 50% from its peak in January 2025 at $3.33 to a low of $1.638. However, it has since recovered by 34% to trade at $2.20 at the time of this report.