{"id":666710,"date":"2024-12-24T16:00:27","date_gmt":"2024-12-24T16:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=666710"},"modified":"2024-12-24T10:53:38","modified_gmt":"2024-12-24T10:53:38","slug":"xrp-price-prediction-wave-2-5","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-wave-2-5\/","title":{"rendered":"XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13"},"content":{"rendered":"

A crypto analyst has set an ambitious target between $7 and $13 for the <\/span>XRP price<\/span><\/a>, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst\u2019s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.\u00a0<\/span><\/p>\n

XRP Price Roadmap To New ATHs<\/h2>\n

The XRP price has been on a <\/span>rather lengthy consolidation trend<\/span><\/a>, halting its previous price momentum after hitting the $2.5 mark. Despite facing bearish trends and a drop to $2.2, a crypto analyst on TradingView, \u2018Zerpcrypto,\u2019 has <\/span>shared<\/span><\/a> a <\/span>bullish forecast <\/span><\/a>for the popular altcoin.<\/span><\/p>\n

Related Reading: Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?<\/a><\/div>\n

According to the analyst, XRP could experience a <\/span>significant price increase<\/span><\/a> between $7.4 to $13.5. The analyst based his bullish projections on XRP\u2019s recent price action and the <\/span>Elliott Wave theory<\/span><\/a>, a technical analysis tool that identifies predictable patterns in crypto prices and helps forecast market trends.\u00a0<\/span><\/p>\n

Zerpcrypto shared a 2-year <\/span>XRP price chart <\/span><\/a>from 2014 to the present; labeling wave counts from one to five for the larger cycles and sub-waves within these cycles. The analyst\u2019s chart indicates that XRP is currently in the middle of Wave 3, signaling a <\/span>potential upward move<\/span><\/a>.\u00a0<\/span><\/p>\n

\"XRP
Source: TradingView<\/figcaption><\/figure>\n

With <\/span>Wave 2 already complete<\/span><\/a>, Zerpcrypto anticipates that Wave 3 could trigger a strong price rally, potentially propelling XRP to $7.4. After reaching the Wave 3 target, a minor pullback is expected in Wave 4, allowing the market to consolidate before XRP\u2019s final big push upward into Wave 5. In this last wave, XRP could rise to $13.5 and potentially even surge as high as $27.4.\u00a0<\/span><\/p>\n

In addition to the Elliott Wave theory, Zerpcrypto\u2018s predictions are grounded in <\/span>Fibonacci levels<\/span><\/a>. The projected $7.4 and $13.5 XRP price targets align with the 4.236 and 8.618 Fibonacci extension levels respectively, reinforcing the analyst\u2019s bullish outlook.\u00a0<\/span><\/p>\n

Zerpcrypto has also spotlighted a positive <\/span>Moving Average Convergence Divergence (MACD)<\/span><\/a> for XRP, further strengthening his confidence in the cryptocurrency’s projected $7.4 to $13.5 price target.\u00a0<\/span><\/p>\n

Crypto Whales Buy 40 Million XRP<\/h2>\n

Despite <\/span>XRP\u2019s price drop<\/span><\/a> to $2.25, a 13% decline over the past week, whales continue accumulating large amounts of tokens, viewing the price dips as a potential buying opportunity. Crypto analyst Ali Martinez<\/span> revealed<\/span><\/a> in a recent X (former Twitter) post that whales have bought another 40 million XRP in the last 24 hours.\u00a0<\/span><\/p>\n

Related Reading: XRP Price On Its Way To $10 In Only 3 Months If It Follows This Pattern<\/a><\/div>\n
\"XRP
Source: TradingView<\/figcaption><\/figure>\n

A crypto community member has<\/span> speculated<\/span><\/a> that this <\/span>large-scale purchase<\/span><\/a> could signal that whales may be positioning themselves for significant change in XRP. Typically, a surge in whale buying activity often suggests increased confidence in the <\/span>bullish outlook of a cryptocurrency<\/span><\/a>.<\/span><\/p>\n

With XRP\u2019s price surging over 4X from its previous low of $0.5 to surpass $2.2 in just two months, analysts are <\/span>forecasting<\/span><\/a> continued gains as the bull market gains momentum.\u00a0<\/span><\/p>\n

\"XRP
Price struggles to bounce from crash | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst\u2019s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.\u00a0 XRP Price Roadmap To New ATHs The XRP price has been on a rather lengthy consolidation trend, halting its previous price momentum after hitting the $2.5 mark. Despite facing bearish trends and a drop to $2.2, a crypto analyst on TradingView, \u2018Zerpcrypto,\u2019 has shared a bullish forecast for the popular altcoin. Related Reading: Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter? According to the analyst, XRP could experience a significant price increase between $7.4 to $13.5. The analyst based his bullish projections on XRP\u2019s recent price action and the Elliott Wave theory, a technical analysis tool that identifies predictable patterns in crypto prices and helps forecast market trends.\u00a0 Zerpcrypto shared a 2-year XRP price chart from 2014 to the present; labeling wave counts from one to five for the larger cycles and sub-waves within these cycles. The analyst\u2019s chart indicates that XRP is currently in the middle of Wave 3, signaling a potential upward move.\u00a0 With Wave 2 already complete, Zerpcrypto anticipates that Wave 3 could trigger a strong price rally, potentially propelling XRP to $7.4. After reaching the Wave 3 target, a minor pullback is expected in Wave 4, allowing the market to consolidate before XRP\u2019s final big push upward into Wave 5. In this last wave, XRP could rise to $13.5 and potentially even surge as high as $27.4.\u00a0 In addition to the Elliott Wave theory, Zerpcrypto\u2018s predictions are grounded in Fibonacci levels. The projected $7.4 and $13.5 XRP price targets align with the 4.236 and 8.618 Fibonacci extension levels respectively, reinforcing the analyst\u2019s bullish outlook.\u00a0 Zerpcrypto has also spotlighted a positive Moving Average Convergence Divergence (MACD) for XRP, further strengthening his confidence in the cryptocurrency’s projected $7.4 to $13.5 price target.\u00a0 Crypto Whales Buy 40 Million XRP Despite XRP\u2019s price drop to $2.25, a 13% decline over the past week, whales continue accumulating large amounts of tokens, viewing the price dips as a potential buying opportunity. Crypto analyst Ali Martinez revealed in a recent X (former Twitter) post that whales have bought another 40 million XRP in the last 24 hours.\u00a0 Related Reading: XRP Price On Its Way To $10 In Only 3 Months If It Follows This Pattern A crypto community member has speculated that this large-scale purchase could signal that whales may be positioning themselves for significant change in XRP. Typically, a surge in whale buying activity often suggests increased confidence in the bullish outlook of a cryptocurrency. With XRP\u2019s price surging over 4X from its previous low of $0.5 to surpass $2.2 in just two months, analysts are forecasting continued gains as the bull market gains momentum.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":646926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-666710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13<\/title>\n<meta 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13","url":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-wave-2-5\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-wave-2-5\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/XRP-price-1.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/XRP-price-1.jpeg?fit=1792%2C1024"},"articleSection":"XRP","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2024-12-24T16:00:27Z","datePublished":"2024-12-24T16:00:27Z","dateModified":"2024-12-24T16:00:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-prediction-wave-2-5\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-prediction-wave-2-5\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/XRP-price-1.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/XRP-price-1.jpeg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-12-24T16:00:27Z\",\"datePublished\":\"2024-12-24T16:00:27Z\",\"dateModified\":\"2024-12-24T16:00:27Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/10\/XRP-price-1.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/666710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=666710"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/666710\/revisions"}],"predecessor-version":[{"id":666734,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/666710\/revisions\/666734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/646926"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=666710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=666710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=666710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}