A viral XRP analysis done by crypto analyst and XRP enthusiast XRPunkie hints at the possibility of XRP price recreating its 600% rally. Which is a part of a meteoric Wave 3 Elliot structure. The thesis highlights that the altcoin could zoom past its highs to target the $13-$15 range.
This theory has gained the attention of the community, amidst the recent bullish developments. Seems to good to be true? Is this prediction backed by facts, or speculation driven by hopes?
Who Made This Claim?
The theory is shared by XRPunkie, describing a chart projecting a 600% surge for XRP in the next bullish wave. The post as seen above highlights an Elliott Wave count suggesting XRP could mirror its previous +600% rally which was seen between Nov 2024 and Jan 2025. To reach its new all-time high between $13 and $15 in Wave III.
Coinpedia’s Key Findings and Counter-Evidence
1. Elliott Wave Is Pattern-Based, Not an Evidence of Proof?
The Elliott Wave framework is widely acknowledged but also subjective. While Wave 3 is generally the strongest, successful execution depends on the correct wave count and ideal market conditions. Many analysts debate XRP’s current wave positioning.
2. XRP Faces Roadblock Near $2.35
Technical indicators show that XRP is testing resistance near $2.35, with the Bollinger Band upper bound and RSI at 56.73, nearing its overbought territory. We believe that this short-term upside may be limited unless backed by a high-volume breakout.
Active addresses on the 90 day time frame and exchange outflows show a modest uptick, suggesting accumulation but not a full-blown demand surge. Volume rose 76.73% in 24 hours, which is positive but not unprecedented.
Conclusion
The theory that XRP could hit $13–$15 based on Wave 3 projections is plausible but highly speculative.
We would suggest investors to watch for a breakout above $2.50 with rising volume and signs of altcoin dominance before considering this theory for purchases.
