Analyst predicts XRP will hit $27 in Wave 3 after correction

XRP analyst maps a path to $18–$27. The case leans on a 7-year reset and a pending Wave 3 surge.

A market analyst says XRP finished a long correction and reset its trend, framing a runway to $18–$27. He bases it on Elliott Waves, past expansions, and sentiment shifts outlined here and here.

He posted the thesis on April 1, 2026. The update came via X from @RWA_Investor.

Core idea. A 7-year sideways-to-down phase set a stronger base versus short speculative cycles per his read.

He ties the setup to Elliott Wave theory. He argues XRP is approaching Wave 3, often the strongest leg, on rising confidence and participation theory recap and Wave 3 call.

Target band. $18–$27. He cites prior behavior and a cup-and-handle pre-breakout pattern that preceded the last rally target rationale and pattern reference.

Wave 1 context. The first leg expanded about 5.618x using non-log Fibonacci metrics, which he uses to frame extensions ahead Wave 1 scale and targets, with tools explained here and here plus Fibonacci use and extensions.

He adds that sellers in the $5–$8 zone may have undercalled the cycle’s size if the structure holds. The next expansion could overshoot those levels cycle scope and expansion setup.

Near term, he mapped a two-step. A push to $2.39–$3.60, then a drop toward ~$1.55 or slightly lower, per his charted path chart reference.

The pullback zone sits around $1.08–$1.55 on Fib retracements. He frames it as a likely bear trap before reversal buy zone levels and bear-trap context.

He then eyes a quick run toward $7 on sentiment flip, setting up the larger $18–$27 wave if momentum persists projection chart and momentum trigger, with final band reiterated here.

Key levels at a glance:
- Wave 3 target $18–$27 source
- Interim pop $2.39–$3.60, then dip ~$1.55 chart
- Pullback zone $1.08–$1.55 levels
- Next leg toward $7 before higher band path