Technical analysts are forecasting a potential major rally for XRP, with price targets ranging from $5.85 to as high as $18 or $20. The prediction hinges on the cryptocurrency nearing the end of its corrective Wave 4 within an Elliott Wave structure, which would open the door for a powerful Wave 5 advance. Current price action shows XRP finding support in the $1.30–$1.40 range, with indicators suggesting selling pressure is easing and a trend reversal may be imminent.
Crypto analyst Javon Marks has drawn a compelling parallel to XRP's historic 2017 bull run. He notes that the current multi-year consolidation pattern, spanning from 2018 to 2024, closely mirrors the descending triangle formation that preceded the 2017 breakout. That pattern culminated in a 2,029.78% rally. The current structure similarly featured a false breakdown before a powerful upward surge to a new high of $3.65 in 2025.
Marks contends that the present price weakness and consolidation around $1.40 is structurally identical to the brief pause XRP experienced after its initial 2017 breakout, just before its parabolic move higher. He characterizes this as "only a temporary pullback before a move well above the $20 mark." Some projections based on this pattern analysis suggest an even more ambitious peak target above $90.
Beyond technicals, growing confidence in XRP's outlook is also attributed to fundamental developments, including Ripple's expanding global payments network and increasing ecosystem adoption, which could provide a tailwind for the anticipated price appreciation. The projected timeline for these significant price movements extends into 2026.