Cryptocurrency
XRP Price Prediction: Analysts Forecast $28 Target
Sunday. November 24 at 7:00 AM
1 min. readCrypto analyst Behdark has predicted that the XRP price could potentially reach $28 based on his Elliot Wave theory analysis. According to Behdark, the XRP price may hit double digits by 2026, with an initial target of $15 before potentially rallying to $28. Behdark highlighted that the current XRP price action suggests a running triangle pattern, with wave D possibly aiming for the all-time high of $3.84 before a correction in wave E. The analyst emphasized the importance of identifying patterns for positioning in anticipation of significant price movements. Another analyst, Dark Defender, also shared a similar analysis, projecting a potential rally to $18 as early as mid-2025. Both analysts believe in the possibility of XRP reaching double-digit prices, although the exact timing may vary. As of now, XRP is trading at $1.55, showing a 10% increase in the last 24 hours.