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Analyst Puts XRP Cycle High At $20-$30, Here’s Why

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By Aggregated - see source on June 23, 2025 Bitcoin
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The XRP price could be preparing for a historical rally, as a prominent crypto analyst has boldly predicted that the cryptocurrency could reach a fresh cycle top between $20 and $30. The forecast, which presents a massive upside for the altcoin, is based on the Elliott Wave Theory—a key technical analysis tool. 

XRP Wave Map Signals Cycle Top Ahead

Crypto analyst, XForceGlobal on X (formerly Twitter) has presented a bold new forecast for XRP, projecting a cycle high between $20 and $30. The analyst shared a chart that dissects XRP’s price action over the last several months, suggesting that the cryptocurrency is currently in the final stages of a corrective wave before beginning a powerful multi-leg impulsive rally. If this wave count plays out as the market expert says, XRP could be on the verge of its most aggressive breakout to date.

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The analysis focuses on XRP’s medium-term correction, which has taken the form of a complex WXY structure. According to the chart, XRP is nearing the completion of Wave 2, a corrective phase that began after the last upward impulse. 

XRP
Source: XForeceGlobal on X

XForceGlobal has pinpointed a key Fibonacci confluence zone between $1.60 and $1.90, where XRP’s pullback is expected to find support. The chart clearly marks this area as a potential springboard for the next bullish phase, as long as the price does not fall below the $1.618 level, which serves as the invalidation point for the current setup.

Despite XRP’s historical track record of sluggish performance and ongoing skepticism within the crypto community about the bullish forecast, XForceGlobal maintains confidence that the cryptocurrency will reach the ambitious $20-$30 cycle top—a move he believes could unfold well into 2026. 

Intermediate Targets First, Cycle High Later

According to XForceGlobal’s chart, once XRP completes its current corrective move, the analyst predicts that the first leg of this upcoming rally may take the cryptocurrency past the $5 mark in Wave 3, followed by a deeper Wave 4 pullback and a final thrust into Wave 5 toward $6 or more. 

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While these targets represent an intermediate-term bullish setup, on a macro scale, the long-term wave map implies that the whole structure could later culminate in a parabolic cycle top rally that sends XRP between $20 and possibly even $30. This optimistic outlook gains further credibility, as the analyst notes that XRP’s internal wave count for the flat scenario has taken longer to resolve than initially expected.

Beyond technicals, XForceGlobal highlights that market psychology plays a central role in its bullish forecast. He notes that the XRP community has weathered regulatory battles, market crashes, and years of stagnation, most notably the US SEC lawsuit. This prolonged adversity has turned XRP holders into “battle-tested veterans” who are largely immune to fear-driven selling. This resilience, according to the analyst, could be the key to the next bullish phase of XRP’s price action.

XRP
XRP trading at $2.0 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Credit: Source link

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