Crypto analyst Mr. Xoom has dropped a bold forecast, claiming XRP is charging into the fifth and final phase of its current Elliott Wave cycle — the stage that often caps a major bull run. While some traders remain skeptical, Xoom insists XRP has already completed its explosive third wave and is now riding the climactic fifth. If he’s right, this could be XRP’s biggest moment in years.
📜 The Road So Far: XRP’s Wave Journey
According to Xoom’s chartwork, the third wave — the most powerful in Elliott Wave theory — saw XRP blast from $0.50 in early November to $3.39 by late January, a 575% surge. True to form, Wave 3 delivered the fireworks.
That rally cooled in the fourth wave, with XRP retreating below $2 and bottoming at $1.60 in April. This corrective phase gave the market room to reset before the next push.
🔥 Wave 5 in Motion
From April’s $1.60 low, XRP reignited, climbing to $3.66 in mid-July — its highest level in nearly eight years. Even after easing to $3.21, the bullish structure stays intact, hinting the rally may still have fuel left.
Xoom’s projection: $7 to $10 before this wave completes — a 120% to 215% upside from current prices. While Wave 5 typically delivers smaller gains than Wave 3, he believes the finale could still be a blockbuster.
$7 XRP → ~$415B market cap (on par with top global companies)
$10 XRP → ~$600B market cap (rivaling payment giants like Visa)
📊 Not Just One Voice
Other analysts share the bullish fifth-wave thesis:
XForceGlobal (April) — predicted $10+ based on a completed WXY corrective pattern.
EGRAG (June) — combined Elliott Waves with Fibonacci extensions, targeting $9–$10, with a moonshot stretch to $27 if momentum accelerates.
The convergence of calls from multiple respected chartists strengthens the case that XRP may be in the final, potentially explosive leg of its cycle.
🎯 The Big Question
With Elliott Wave patterns aligning and price targets stacking up, XRP could be staring down its most dramatic move in years. But markets have a way of humbling even the most confident forecasts.
📌 If this is truly Wave 5, the window for upside might be limited before the next major correction. Traders are watching closely to see if XRP can live up to the hype — or if this run will fizzle before reaching the lofty $7–$10 range.
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