- XRP’s medium timeframe wave 4 structure supports short-term targets of $4-$5, with macro targets extending to $7-$10.
- Fibonacci resistance at $1.15 and $1.99 marks key levels before XRP’s potential rally toward a $20 all-time high.
- Wave 4 progression remains intact, ensuring XRP’s bullish trend aligns with broader market dynamics and technical milestones.
Ripple’s XRP has reached a critical phase in its medium-time frame analysis, marked by the development of a minimum three-wave structure associated with wave 4.
When viewed in isolation, the wave four development appears consistent with typical market behavior, though its alignment within a larger framework may seem slightly uneven.
In a chart generated by XForceGlobal, XRP is currently within a corrective wave pattern, labeled as wave 4, after completing wave 3. The projection indicates a bullish continuation with a potential breakout toward wave 5.
Source: X: ForceGlobal
Price targets for the upcoming macro cycles align with $4-$5 initially, followed by $7-$10. Invalidations are clearly marked, with soft invalidation at $0.36 and triangle invalidation below $0.25.
Fibonacci retracement levels indicate significant resistance near $1.15 and $1.99. The analysis suggests XRP may eventually reach an all-time high (ATH) above $20 within the broader wave structure.
The medium timeframe reveals a standard wave four structure that meets the minimum requirements for progression. While its duration and alignment leave room for refinement, these factors do not fundamentally impact the overall bullish trend.
If wave 4 were to extend slightly further in time, the structure could achieve greater symmetry. However, this adjustment is not mandatory for XRP’s broader price targets to remain intact.
XRP’s short-term targets remain focused within the $4 to $5 range. These levels represent achievable milestones based on current market dynamics and technical analysis. As the market progresses, the medium timeframe’s wave four structure is expected to transition into the next stage of development.
Looking beyond the medium timeframe, XRP’s price targets expand significantly, with projections extending into the $7 to $10 range. This larger macrocycle target reflects XRP’s potential within a bullish market environment, provided the necessary technical and structural developments are met.
Achieving these targets will depend on XRP’s ability to maintain its upward trajectory while navigating intermediate fluctuations.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.