$SOL Price targets for XRP's fifth wave are expected: August 9, 2025 🔥
#ETHBreaks4000 #CryptoIn401k #BitcoinSPACDeal $XRP $ETH
Cryptocurrency analyst Mr. Xoom stated that XRP may be entering the final stage of its current bullish cycle.
Using Elliott Wave theory, it indicates that XRP is no longer in the third wave, as some traders believe. He sees that XRP has already moved to the fifth wave, the final stage of the five-wave pattern.
The third wave was the major breakout
In his analysis, Mr. Xoom confirmed that the third wave is usually the strongest and longest bullish wave in the cycle. He noted that the price of Ripple has already risen from around $0.50 to $3.39 during this wave, recording a notable increase of 575%.
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For context, this breakout occurred in early November when XRP was last seen at $0.49 and continued to exceed $3 by late January.
After that, the XRP market entered wave four, a corrective phase that consolidated gains before paving the way for the next move. Notably, during this period, the price of XRP lost the $3 level, dropped below $2, and then touched $1.60 in April.
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From this point, the optimists entered, and the price of XRP has risen significantly since then. According to Mr. Xoom's chart, XRP finished wave four at a low of $1.60, beginning wave five.
In Elliott Wave theory, the fifth wave often achieves notable gains. In fact, since XRP touched its low in April, it has reached its highest level to date.
Specifically, the price of XRP rose to $3.66 in mid-July, a price level not seen in nearly eight years. This represents a recovery of nearly 129% from its April low. Although XRP has calmed down a bit, Mr. Xoom points out that the path to much higher prices is still open.
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The final push could see XRP's price reach $7-$10
Mr. Xoom expects the final rise could push XRP's price between $7 and $10. With XRP trading at $3.31 at the time of publication, these promising forecasts indicate a potential rise ranging from 111% to 202% from current levels.
The analyst indicated that although this rise may not match the intensity of the third wave, it could represent a significant peak for the current market cycle. In another context, a price of $7 would raise XRP's market cap to $415 billion, roughly comparable to Netflix and Mastercard valuations.
Meanwhile, a price of $10 for XRP would imply a market cap of around $600 billion, competing with Visa's valuation.
Supporting Analysis
Similarly, other market watchers used Elliott Wave theory to predict peak prices for XRP above $10.
In April, XForceGlobal, the first certified Elliott Wave analyst in Korea, predicted that XRP is poised for a major breakout to $10 or more. He pointed to a completed corrective pattern of Elliott Waves (WXY) and the beginning of a broader bullish cycle.
Meanwhile, in June, using Elliott Wave analysis and Fibonacci extensions, analyst EGRAG predicted a target for wave 5 between $9 and $10, with the possibility of extending to $27 if momentum continues.
