XRP Price Prediction: Wave 5 Rally May Be Ahead

XRP has caught traders’ attention once again as technical analysts dive into its Elliott Wave pattern to predict what’s coming next. After a solid run earlier this year, Ripple’s token has been hanging around the $3.00 mark, taking a breather from its previous surge. The current setup suggests XRP might be gearing up for Wave 5 – typically the final push higher before a bigger pullback kicks in.

Technical Setup Points to Wave 5 Potential

Looking at the weekly XRP chart, we can see a classic Elliott Wave pattern unfolding. The structure started with Waves 1 and 2 back in 2023-2024, where XRP broke out initially then pulled back to set up a solid foundation. Wave 3 hit in early 2025, delivering the strongest move yet as XRP powered above $3.00. Now we’re in Wave 4, which is playing out as expected with sideways action around current levels.

The projected Wave 5, highlighted on many analyst charts, could push XRP toward the $5-$8 range depending on how strong the momentum gets and overall market conditions. This lines up with predictions from crypto analyst @Steph_iscrypto, who suggests XRP holders might see some serious gains over the next couple of months.

Several factors are working in XRP’s favor right now:

• Legal wins: Ripple’s progress in its SEC case has boosted confidence and brought back institutional interest
• Real-world adoption: Growing partnerships in cross-border payments give XRP actual utility beyond speculation
• Market timing: Altcoins like XRP often rally hard once Bitcoin finds its footing at high levels
• Technical momentum: XRP breakouts historically trigger strong retail buying, which can amplify moves significantly

Price Targets and Risk Levels

If XRP can hold above the $2.80-$3.00 support zone, we could see Wave 5 kick in and drive prices toward $5.00-$8.00 over the next year or so. That’s the bullish scenario most Elliott Wave followers are watching for.

On the flip side, if support gives way and XRP drops below $2.80, it would likely mean more sideways action and a delayed breakout. In that case, traders would need to wait longer for the Wave 5 rally to materialize.