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Ripple’s XRP, one of the most important encryption last year, is trading between $ 2.15 and $ 2.30. The current symbol is far from its highest level in 52 weeks at $ 3.38 on January 17, which prompted him to raise this industry to re -elect US President Donald Trump.
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Although Xrp It joins the landmark of the broader encryption market, a few commentators and analysts expect that Ripple is due to a large gathering. According to the Crypto Egrag Crypto analyst, Ripple’s XRP has been set to run another price after comparing the current Elliot Wave structure of the original with its 2017 fractures.
XRP continues to overcome the storm
The latest price analysis and dropping it in EGRAAG Crypto for XRP comes the ALTCOIN ride and the broader encryption market. The steady clinging currency is higher than the price support of $ 2, indicating that it follows the five -wave wave Elliot wave table. Traditionally, the assets that repeat the structure of the Elliott wave often bear a great job.
#xrp = Subject (1/7) #xrpDouble numbers this course, the next triple numbers!
The topic below is about #xrp He participated in the subscriber section on February 12, 2025.
We have built the full Elleot Wave number to assess our following goals: 🎯✨
Take an in -depth look at it! 🔍 … pic.twitter.com/nkv00y5mzd
– Egrag Crypto (@Gragcrypto) March 12, 2025
Based on the evaluation of EGRAG, XRP is currently in the second wave of ELLIOT, which is traditionally defined by high price fluctuations and corrections.
Traders and investors must pay attention to the largest wave structure
In the Twitter/X publication, Egrag explained that XRP is there Corrective wave Two and prepare to run the price to double numbers or even more than $ 100.
Analysts put that wave 2 often restores part of the 1 wave, usually corresponds to 50 %, 76 %, or even 85.4 % of the initial movement. Reble’s XRP, which shares it, enhances his suspension in the correction phase.
The assets face a declining pressure, and the market can expect a dual bottom shortly before its transition to the 3rd wave. EGRAG warns that the 3 wave is the most aggressive part of the cycle, with increased volatility.
Can XRP reach $ 100 or more?
Previously, the 1st wave style of XRP made a significant increase in the price by 733 %. Using the Elliot Wave Extension formula, the famous analyst that the 3 XRP wave can extend by 1.618X earning the first wave. Using this account, EGRAG provides a potential increase of 1,185X, translated into XRP price range between $ 22 to $ 24.
Once XRP reaches the peak of wave 3, it follows the fourth wave and corrected prices. For this wage, the decline level ranges between 14 % to 38.2 % of the 3 wave. If this happens, EGRAG expects that the XRP price can decrease to 8 dollars.
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Follow the wave 5 of the Elliot wave, where the price can be predicted using three ways. First, if the price of XRP grows between 1.236 % and 1.618 %, the original price can reach $ 32 and $ 48. Second, if the wave 5 is repeated 1, the price may range between $ 60 and $ 70. Third, if there is an extension of 61.8 % for surfing movements 1 and 3, there is an opportunity for the price of XRP to $ 100.
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